Both mergers and innovation are central elements of a firm's competitive strategy. However, model-theoretical analyses of the merger-innovation link is sparse. The aim of this paper is to analyze the impact of mergers on innovative activities and product market competition in the context of...

Government subsidies for R&D are intended to promote projects with high returns to society but too little private returns to be beneficial for private investors. This may be caused by spillovers or a low appropriability rate. Apart from the direct funding of these projects, government grants may...

Big companies and small innovation factories possess different advantages in a patent contest. While large firms typically have a better access to product markets, small firms often have a superior R&D efficiency. In this paper I model a patent contest with asymmetric firms. In a pre-contest...

Government subsidies for R&D are intended to promote projects with high returns to society but too little private returns to be beneficial for private investors. This may be caused by spillovers or a low appropriability rate. Apart from the direct funding of these projects, government grants may...

Diese Dissertation befasst sich mit dem Thema Innovationsökonomik. In einer allgemeinen Einführung werden wettbewerbspolitische Gesichtspunkte, die Innovationsanreize von Firmen beeinflussen, dargestellt. In drei einzelnen Arbeiten werden dann spezielle Fragestellungen intensiver...

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 activities and product market competition in the context of...