Similar Search Results

The effect of mergers on the incentive to invest in cost reducing innovations

Kleer, Robin - 2006 - This version: December 20, 2006

Both mergers and innovation are central elements of a firm s competitive strategy. However, model-theoretical analysis … of the merger-innovation link is sparse. The aim of this paper is to analyze the impact of mergers on innovative … mergers ; innovation ; research joint venture ; market structure …

Persistent link: https://www.econbiz.de/10009744913

The road not taken : competition and the R&D portfolio : conference paper

Letina, Igor - 2013

This paper develops an innovation model where firms choose which research paths to follow. Contrary to most of the … literature which focuses only on the level of investment in innovation, this model captures both the variety of research paths …

Persistent link: https://www.econbiz.de/10010340555

The road not taken : competition and the R&D portfolio

Letina, Igor - 2015 - [Revised version, August 2015]

This article examines the effects of market structure on the variety of research projects undertaken and the amount of duplication of research. A characterization of the equilibrium market portfolio of R&D projects and the socially optimal portfolio is provided. It is shown that a merger...

Persistent link: https://www.econbiz.de/10011312249

The road not taken : competition and the R&D portfolio

Letina, Igor - 2013

literature, which focuses only on the level of investment in innovation, this model captures both the variety of research …

Persistent link: https://www.econbiz.de/10009761734

The road not taken : competition and the R&D portfolio

Letina, Igor - 2014 - Revised version, August 2014

Contrary to most of the literature, which focuses only on the level of investment in innovation, this paper examines …

Persistent link: https://www.econbiz.de/10010402613

Brand reallocation and market concentration

Pearce, Jeremy; Wu, Liangjie - 2024

We study the interaction of customer capital and productivity through brand reallocation across firms. We develop a firm dynamics model with brands as transferable customer capital, heterogeneous firm productivity, and variable markups. We study the matching process between transferable brand...

Persistent link: https://www.econbiz.de/10015062505