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direct investment, imports of productivity-enhancing technology - are petering out, and are yet to be substituted. We propose … a new growth model centred around a shift towards more home-grown innovation, digitalisation, climate change mitigation …
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The paper aims to enrich the discussion on the Research and Innovation Strategies for Smart Specialisation (RIS3) and … Specialisation and regional innovation. The empirical approach of this paper is to apply a simply pooled OLS-regression with … productivity as an independent variable, various exogenous variables on Smart Specialisation, dummies on EU macro-regions, and time …
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The strategy literature has found it difficult to differentiate between collusive and efficiencybased synergies in horizontal merger activity. We propose a theoretically-backed methodological approach to classify mergers that yields more information on merger types and merger effects, and that...
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acquirer firm to learn the merger synergies with the target firm in advance. The realization of a synergy is uncertain ex ante … initial minority share, becomes an insider, and learns the merger synergy. We show how this feature of PPOs affects a firm …
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