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developers reallocate innovation efforts to unaffected apps and that affected markets experience less entry post-acquisition. … Google Play Store. We find that competing apps tend to innovate less following an acquisition by GAFAM, while there seems to …
Persistent link: https://www.econbiz.de/10012793220
that acquisition increases the innovation effort of the acquirer but only temporarily. After 1.5 year, there is no longer a … significant impact of the acquisition on the acquirer’s innovation effort. This decline is relatively larger when the acquired … them have been reviewed by competition authorities and little is known on their evolution after acquisition. This paper …
Persistent link: https://www.econbiz.de/10014505345
This paper reports the results of an original empirical study of the relationship between intellectual property and the financial performance of technology firms in the bioscience-technology industries. The study found a statistically significant positive relationship between the firms'...
Persistent link: https://www.econbiz.de/10013063100
reducing bidding competition, thereby also reducing acquisition prices and innovation incentives. … of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … more important when there is an increase in network effects. A consequence is higher innovation incentives under an …
Persistent link: https://www.econbiz.de/10008919575
Antitrust reform advocates view the acquisition of small innovative companies by large technology “platform” companies …, and will additionally drive more in-house innovation at the big firms and less external innovation. Similarly, these … prohibitions on later-stage acquisitions are shown to reduce the returns to innovation, reducing technological advancement in the …
Persistent link: https://www.econbiz.de/10013231953
reducing bidding competition, thereby also reducing acquisition prices and innovation incentives. -- Acquisitions … of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … more important when there is an increase in network effects. A consequence is higher innovation incentives under an …
Persistent link: https://www.econbiz.de/10008936956
reducing bidding competition, thereby also reducing acquisition prices and innovation incentives … of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … more important when there is an increase in network effects. A consequence is higher innovation incentives under an …
Persistent link: https://www.econbiz.de/10014043699
We study the effect of information technology (IT) investment and merger integration on the value derived from 118 mergers in the U.S. banking industry. We quantify integration depth based on expenditures in merger-related integration, and examine how pre-merger IT intensity of the acquiring...
Persistent link: https://www.econbiz.de/10013064622
also show a positive impact on process innovation intensity. These results do not only emerge for the short-run of two …
Persistent link: https://www.econbiz.de/10010299846
This paper analyzes the relationship between service innovation and different types of enterprise software systems, i … Germany, this is the first paper empirically analyzing whether both types of enterprise software foster innovation in the … between sector specific enterprise software and innovation activity while customized enterprise software is possibly related …
Persistent link: https://www.econbiz.de/10010303804