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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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Which kind of reaction can a nation or group of nations expect when leading by example in climate policy? This literature survey describes possible positive reaction mechanisms from different fields of economics, some of which have scarcely been linked to climate economics previously. One effect...
Persistent link: https://www.econbiz.de/10010226086
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a community will be more assimilated and wealthier or less assimilated and poorer. With a leader cultural integration … is more connected. Lump sum transfers to immigrants can hinder cultural integration. These findings are in line with … integration patterns of various ethnic and religious groups. …
Persistent link: https://www.econbiz.de/10011576268
We analyze delistings from European stock exchanges 1995-2005 as a function of market conditions, firm effects and governance regulation. We find that investor protection and corporate governance quality reduce the likelihood of going private, bankrupt or liquidated, but increase the likelihood...
Persistent link: https://www.econbiz.de/10012142330
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effects. -- merger simulation ; merger control ; antitrust ; oligopoly theory ; auction models ; mergers & acquisitions … of state-of-the-art merger simulation models and review their previous employment in merger cases as well as the problems …
Persistent link: https://www.econbiz.de/10003821585
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