role of the effect of pooling on downstream innovation. The focus of this paper is on downstream product development and …

innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating …. However, we do not find negative effects on the number of ongoing R&D projects, investments in innovation-related fixed assets … or on the outcome of innovation projects. Likewise, for firms with subsidy-backed environmental innovations no crowding …

, competitive pressure in the ensuing innovation race induces firms to launch innovations too early, thereby raising the likelihood … punitive damages instead of mere compensation of harm caused, in order to decelerate such welfare-reducing innovation races …

This paper analyzes the effects of cross-border mergers and acquisitions (M&As) on the innovation of European firms …. The results indicate a considerable increase in post-acquisition innovation in the merged entity. This is mainly driven by … inventors based in the acquirer's country, while innovation in the target's country tends to decline. The asymmetry of effects …

The paper analyses the impact of private equity (PE) backed leveraged buyouts (LBOs) on innovation output (patenting … innovation activity is concentrated among private-to-private transactions with a 14% increase in the quality-adjusted patent …

influence of outsiders is offset by the pressure to focus on innovation strategies. …