Pre-empting Technology Competition Through Firm Acquisitions

This paper investigates the motive of pre-empting technology competition through mergers and acquisitions (M&A). Exploiting the patent application procedure at the European Patent Office we introduce a new measure for the possibility to create entry barriers in technology markets. Our results show significant evidence that firms engage in horizontal M&A to pre-empt competition in technology markets.

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Year of publication:	2007
Authors:	Grimpe, Christoph ; Hussinger, Katrin
Institutions:	Zentrum für Europäische Wirtschaftsforschung (ZEW)
Subject:	pre-empting technology competition \| mergers and acquisitions

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Extent:	application/pdf
Series:	ZEW Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 07-027
Classification:	G34 - Mergers; Acquisitions; Restructuring; Corporate Governance ; O34 - Intellectual Property Rights: National and International Issues ; L20 - Firm Objectives, Organization, and Behavior. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005098265