Barsy, Laureen de; Gautier, Axel - 2024
In the past 20 years, large digital platforms have made many acquisitions, mainly young and innovative startups. Few of … this analysis, we use patent citations as a proxy for the innovation effort by the acquirer. Our main result is to show … that acquisition increases the innovation effort of the acquirer but only temporarily. After 1.5 year, there is no longer a …