Mergers in Innovation Competition : A contest framework with knowledge spillovers

Language: English

Published by Deutscher Universitätsverlag, 2005

3824481707 / 9783824481705

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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nach der Bestellung gedruckt Neuware - Printed after ordering - The industrial structures in Europe and the United States have changed decisively since the end of the last millennium. The increasing globalization and liberalization of markets have led firms to expand or at least to consolidate their positions in the market by the acquisition of other firms. This mainly concerns horizontal mergers among competitors in the same industry such as the ' mega-mergers' between Daimler and Chrysler or between Hochst and Rh6ne-Poulenc. In the theoretical literature this issue has been risen and analyzed quite early, with the result that an important research stream within industrial economics deals with the impact of horizontal mergers on the industrial structure, the competition between firms and consumer welfare. Given that many mergers hold synergies in the field of R&D, this research is especially focused on the analysis of the effects of mergers on innovation efforts of firms and the whole industry. This is where this book starts: While most analyses focus on the cooperation of firms in the frame of process innovation, Claus van der Velden concentrates in his work on product innovation. In a micro economic model of a patent contest he examines the effects of mergers on the innovation process and the profits of the merging firm and its competitors.…

Seller Inventory # 9783824481705

Title
Mergers in Innovation Competition : A contest framework with knowledge spillovers
Author
Claus van der Velden
Publisher
Deutscher Universitätsverlag
Publication year
2005
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3824481707
ISBN 13
9783824481705
Item weight
406 grams
Dimensions
210x148x17 mm

AHA-BUCH GmbH

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