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Innovative startups are frequently acquired by large incumbent firms. On the one hand, these acquisitions provide an … startups just to "kill" their ideas, and acquisitions can erode incumbents' own innovation incentives. Our paper aims to assess … the net effect of these forces. To do so, we build an endogenous growth model with heterogeneous firms and acquisitions …
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We propose a stylized model of a problem-solving organization whose internal communication structure is given by a fixed network. Problems arrive randomly anywhere in this network and must find their way to their respective specialized solvers by relying on local information alone. The...
Persistent link: https://www.econbiz.de/10011603091
In this paper, we examine the Indian apparel industry to examine the effect of clusters on the sales of this industry. The data has been collected through a primary survey in five garments clusters in India. The variable that is significant in explaining sales in most equations is technology...
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This paper analyzes a sequential game where firms decide about outsourcing the production of a non-specific input good to an imperfectly competitive input market. We apply the taxonomy of business strategies introduced by Fudenberg and Tirole (1984) to characterize the different equilibria. We...
Persistent link: https://www.econbiz.de/10001783571
This paper provides evidence on the relation between the intensity of product market competition and the probability of exit. We adopt a natural experiment approach towards analyzing the impact of a tightening of Swiss antitrust legislation on exit probabilities. Based on a sample of more than...
Persistent link: https://www.econbiz.de/10002198976