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their effects on innovation, several merger proposals have been challenged due to their adverse innovation effects. In a … desirability of merger may depend on the effectiveness of the patent system and the cost of innovation. …
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We show a new way through which patent protection affects innovation. We show that patent protection may reduce the … final goods producers' incentives for innovation in industries with imperfectly competitive input markets. The input market …
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Although merger and acquisitions (M&As) are acknowledged as an important means to access innovative assets and know-how, firms’ inventive output often declines in the post-M&A period. Financial, managerial and organizational constraints related to the M&A event contribute to inventive output...
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A major source of research funding for university professors are competitive research grants. With focus on Luxembourg, we present results from a difference-in-difference analysis which show that research grants by the Luxembourg National Research Fund (FNR), the central research funding agency...
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We analyze the effect of the Öresund Bridge, a combined railway and motorway bridge between Swedish Malmö and the Danish capital Copenhagen, on inventive activity in the region of Malmö. Applying difference-in-difference estimation on individual-level data, our findings suggest that the...
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