We consider mergers in an innovation contest between n firms in the presence of synergetic effects. We assume that a … merger may affect the R&D efficiency of the merging firm due to increasing returns to scale in R&D. We show that mergers are … spillovers, we show that higher efficiency gains are needed to make the merger profitable. …

subject of this study is an econometric analysis of the effects of innovation on firm performance. The main data source for … this analysis is the Ifo Innovation Survey, which has provided yearly, firm-level data on innovation since 1982. Following … two introductory chapters on innovation, the data set is introduced and explained in detail. Subsequent chapters analyze …

results show that granted patent number significantly increases after ERP installations. ERP implementation indeed stimulates … integrated circuit firms to concentrate on innovation activities. Also, the DEA results show that firm efficiency significantly …

The debate on competition and innovation has produced a wide range of theoretical and empirical findings. Recently … innovation. We aim to contribute to the debate by investigating whether product-market competition and corporate governance … quality affect firm-level innovation, utilising a dataset for 1,400 non-financial US-listed companies. Using two-way cluster …

ebusiness technology with uncertain quality depending on its innovation and adoption cost and both firms' adoption timing. When … innovation and adoption require large set-up costs, the leader favors quick adoption by the follower. The follower prefers either …

, innovation and economic growth. We provide empirical evidence that the reforms carried out under the EU Single Market Programme … with a subsequent increase in innovation intensity and productivity growth for manufacturing sectors. In our analysis we … reforms on average profitability, and the effects of profitability on innovation and productivity growth. …