• 1. Studies focusing on the link of mergers and innovation
  • 2. Innovation and Product Market Competition
  • 2.1 Nonexclusive IP rights
  • 2.2 Exclusive IP rights
  • 2.3 Empirical studies
  • 2.4 Summary
  • 3. Mergers and acquisitions
  • 3.1 Mergers in the theoretical literature
  • 3.2 Empirical studies of mergers and acquisitions
  • 3.3 Summary
  • 4. Additional aspects
  • 4.1 Licensing
  • 4.2 Spillovers in R&D
  • 4.3. Corporate Finance
  • 4.4 R&D management and other ability related aspects
  • 4.5 Technological opportunity and appropriability
  • 5. Summary and conclusion