This thesis aims to identify and to close some gaps in the literature dealing with business strategies towards the creation, absorption and dissemination of new technologies. In doing so it comprises four theoretical papers. The following abstracts and Figure 1 briefly link each paper to one ore...

The thesis investigates the impact of endogenous financial synergies on the product market behavior of merging firms. Examining a diversifying merger of risk-neutral firms in unrelated product markets, it finds that purely financial synergies have surprising real effects on output of merging...