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 …

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 …

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 …

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 …

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

This papers analyses how horizontal mergers affect innovation activities of the merged entity and its non … predicts that a merger is more likely to be profitable in an innovation intensive industry. For a high degree of firm … heterogeneity, a merger reduces innovation of both the merged entity and non-merging competitors in an industry with high R …

This papers analyses how horizontal mergers affect innovation activities of the merged entity and its non … predicts that a merger is more likely to be profitable in an innovation intensive industry. For a high degree of firm … heterogeneity, a merger reduces innovation of both the merged entity and non-merging competitors in an industry with high R …

-doing and organizational forgetting in R&D on firms' incentives to innovate. I develop a dynamic step by step innovation model … allows followers to catch up. Contrary to the benchmark case, the leader's innovation effort declines with the lead. This …

learningbydoing and organizational forgetting in R&D on firms' incentives to innovate. A dynamic step-by-step innovation model with … allows followers to catch up. Contrary to the benchmark case the leader's innovation effort declines with the lead. This …