Showing 1 - 10 of 240
Innovation is commercialization of technology. Imperfections in markets for technology should leave marks on physical … investments for innovation. Two types of transaction costs could affect innovative investments: royality stacking and hold … ownership fragmentation on investments related to innovation for firms with small patent portfolios. Hold-up threats are …
Persistent link: https://www.econbiz.de/10009510154
Die Ergebnisse der multivariaten Analysen zur Beschäftigungsdynamik und dem Wachstumspotential junger innovativer Unternehmen lassen erkennen, daß junge innovative Unternehmen signifikant höhere Wachstumsraten erzielen als junge Unternehmen mit traditionellen Produkten. Die Abschätzung der...
Persistent link: https://www.econbiz.de/10011441126
Gaining access to technological assets and patents, in particular, has long been a major motive and objective for firm acquisitions. On the one hand, patents are used as a building instrument for the acquirer's technology portfolio. On the other hand, patents can be attractive because of their...
Persistent link: https://www.econbiz.de/10003728399
The relationship between individual firms’ export behaviour and firm performance has been studied extensively in the economic literature. However, most studies from the field of economics only distinguish between exporting and non-exporting companies, using the firms’ export status as a...
Persistent link: https://www.econbiz.de/10003319677
Gaining access to technological assets and patents, in particular, has long been a major motive and objective for firm acquisitions. On the one hand, patents are used as a building instrument for the acquirer's technology portfolio. On the other hand, patents can be attractive because of their...
Persistent link: https://www.econbiz.de/10003810464
In recent years, firms have increasingly contributed to and been confronted with a patent landscape characterized by numerous but marginal inventions, overlapping claims and patent fences. Literature suggests that both the fragmentation of ownership and the threat of a firm's patent applications...
Persistent link: https://www.econbiz.de/10003871201
Over the last few years, worldwide mergers and acquisitions (M&A) have increased sharply both in terms of value and volume. This development has not only been driven by corporate acquirers but also to an increasing extent by private equity investors. In this paper, we analyze differences in...
Persistent link: https://www.econbiz.de/10003578401
In the context of increasing globalization of markets, merger and acquisition activities in the 1990s are said to be driven by reorganization processes with respect to concentration on firms’ core competencies in order to increase or maintain market power in international markets. This paper...
Persistent link: https://www.econbiz.de/10002906069
network information, identification through partial overlaps in the network structure fails (e.g. in classrooms). Exogenous …
Persistent link: https://www.econbiz.de/10010204042
Asset price processes are completely described by information processes and investors´ preferences. In this paper we … stylized facts that look at first hand like financial market anomalies may be explained by an information process with …
Persistent link: https://www.econbiz.de/10011445936