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firms because it lowers the probability they win the innovation contest for that project; however, the investment of a firm …
Persistent link: https://www.econbiz.de/10012858068
This article examines the effects of market structure on the variety of research projects undertaken and the amount of duplication of research. A characterization of the equilibrium market portfolio of R&D projects and the socially optimal portfolio is provided. It is shown that a merger...
Persistent link: https://www.econbiz.de/10013035410
A persistent theme in the academic literature on technological innovation is that incumbent enterprises have great … difficulty crossing the abyss created by a radical technological innovation. It is argued that incumbents go into decline, while … performance in markets shaken by a radical technological innovation …
Persistent link: https://www.econbiz.de/10014028917
” commercialization. However, when focusing on downstream industry segments that bring patented technologies to market—“innovation” in an … concentration ultimately harms innovation, efficiency, consumer welfare, and democratic representation. It argues that patent law … provides prescriptions for enhancing industry entry through private ordering, federal innovation policy, and antitrust …
Persistent link: https://www.econbiz.de/10013213690
This paper examines the impact of the conglomerate form on the scale and novelty of corporate Research and Development (R&D) activity. I exploit a quasi-experiment involving failed mergers to generate exogenous variation in acquisition outcomes of target firms. A difference-in-differences...
Persistent link: https://www.econbiz.de/10010737667
outperformed by domestic multinationals in R&D and innovation engagement. Finally, the results on labor productivity are at …
Persistent link: https://www.econbiz.de/10005644951
generally outperformed by domestic multinationals in R&D and innovation engagement. Third, despite the fact that domestic … multinationals are considerably more involved in national innovation systems than other firms, they are not producing more innovation …
Persistent link: https://www.econbiz.de/10005644954
-owned companies in R&D-activities; the relative embeddedness in various national innovation systems and the relative output … performance from R&D and innovation. A comparison is made between the innovation and productivity of foreign owned enterprises, of … Sweden, and based on the international harmonized Community Innovation Survey and uniform econometric approaches; the study …
Persistent link: https://www.econbiz.de/10005645015
Seven “Corporate Venturing” Strategies to Foster Innovation tackles the question: What should companies do to … accelerate innovation and remain relevant? Or, stated differently: What should companies do to avoid being disrupted by more … relationship with entrepreneurs, founders and startups. By “organizing-for-innovation” in this way, large firms give themselves the …
Persistent link: https://www.econbiz.de/10012985241
with venture capitalists (to improve the innovation outcomes of the mature corporations). Fourth, by using case …
Persistent link: https://www.econbiz.de/10013063416