Showing 1 - 10 of 21
Venture capital (VC) and growth are examined both empirically and theoretically. Empirically, VC-backed startups have higher early growth rates and initial patent quality than non-VC-backed ones. VC-backing increases a startup's likelihood of reaching the right tails of the firm size and...
Persistent link: https://www.econbiz.de/10012104061
matched employeremployee data. We observe above average separations of workers around domestic acquisitions. This is … associated with a decline in unobserved worker quality in the plant. Foreign acquisitions are not associated with above average …
Persistent link: https://www.econbiz.de/10012120372
are not used in the market. We show that such "acquisitions for sleep" can occur if and only if the quality of a process …
Persistent link: https://www.econbiz.de/10012162423
We show that for a spatially differentiated economy reduced product variety is the likely outcome of mergers except in …
Persistent link: https://www.econbiz.de/10011451069
This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … theories of harm in major merger cases in the past few years. We then analyse the characteristics of almost 300 acquisitions … investigated mergers and whether a more effective merger control regime can be achieved within the current legal framework. …
Persistent link: https://www.econbiz.de/10012138666
We set up a model to analyze the effects of mergers between sellers of complementary components where firms invest in …
Persistent link: https://www.econbiz.de/10012001659
We study the dual relationship between market structure and prices and between market structure and investment in mobile telecommunications. Using a uniquely constructed panel of mobile operators’ prices and accounting information across 33 OECD countries between 2002 and 2014, we document...
Persistent link: https://www.econbiz.de/10011659539
these multi-sided companies along with each company’s most important market segments. We then track their mergers and … acquisitions and match them with the segments. This exercise shows that these five firms use M&A activity mostly to strengthen …, therefore, acquisition appears to be a substitute for in-house R&D. Finally, from our check for possible "killer acquisitions …
Persistent link: https://www.econbiz.de/10012154717
Assortment decisions are key strategic instruments for firms responding to local market conditions. We assess this claim by studying the effect of a national merger between two large Dutch supermarket chains on prices and on the depth as well as composition of assortment. We adopt a...
Persistent link: https://www.econbiz.de/10011846229
. That includes mergers that are known to be unprofitable in the corresponding static equilibrium framework. …
Persistent link: https://www.econbiz.de/10010434092