Big companies and small innovation factories possess different advantages in a patent contest. While large firms …. Furthermore, acquisitions increase the chances for a successful innovation. -- patent contest ; sequential acquisitions … patent contest with asymmetric firms. In a pre-contest acquisition game large firms bid sequentially for small firms to …

This paper analyzes the effects of cross-border mergers and acquisitions (M&As) on the innovation of European firms …. The results indicate a considerable increase in post-acquisition innovation in the merged entity. This is mainly driven by … inventors based in the acquirer's country, while innovation in the target's country tends to decline. The asymmetry of effects …

This chapter summarizes the basic characteristics of patent data as an innovation indicator and reviews some of the … recent research using patent data, focusing on major developments since Griliches in 1990 [Griliches, Z. (1990). “Patent … availability of patent data on an increasingly global scale and the accompanying global spread of research using patent data. The …

innovation in the years preceding a merger, and reduce their rate of sequential innovation in the years following a merger. This … policy, as the FTC and DOJ frequently cite innovation as a reason for concern about a merger …An extensive literature has investigated the effect of market structure on innovation. A persistent concern is that …

This paper analyzes externalities of patent box regimes in Europe. Tax reductions in foreign affiliates of a firm that … specific characteristics of patent box regimes, we show that patent box regimes without nexus requirements for tax …-efficient reallocation of patent profits induce positive spillovers within multinational groups. The implementation of a patent box in a …

This paper examines the effect of foreign direct investment (FDI) on domestic innovation based on a data set covering … show that there is a negative horizontal spillover effect of FDI on domestic innovation when the intellectual property … on why developing countries should encourage FDI and strengthen the IPR regime together to enhance domestic innovation …

Recent innovation literature has documented the benefits of cross-pollination of ideas across a wide set of industries …