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the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm …We show that, in the case when innovations are for sale, increased product market competition, captured by reduced … stricter, but not too strict, merger and cartel policies tend to increase the incentive for innovations for sale by ensuring …
Persistent link: https://www.econbiz.de/10010320042
Previous studies on the effect of corporate governance on firm innovation shows mixed outcomes, while some reveal … innovation with special interest in indigenous oil firms in Nigeria, a Sub-Saharan country. The study adopted a cross sectional …, board commitment and board involvement have positive and statistically significant effects on firm innovation measures of …
Persistent link: https://www.econbiz.de/10014443589
The study empirically examined the effect of service system innovation on firm competitiveness in Nigeria, an emerging … system on service system innovation-firm competitiveness nexus was observed. Data were collected using a survey instrument … partial least square-structural equation model (PLS-SEM). Analyses revealed that service system innovation as represented by …
Persistent link: https://www.econbiz.de/10014504724
possible reconciliation. It is demonstrated that anticompetitive mergers may reduce competitors' share prices, if the merger …There is diverging empirical evidence on the competitive effects of horizontal mergers: consumer prices (and thus … presumably competitors' profits) often rise while competitors' share prices fall. Our model of endogenous mergers provides a …
Persistent link: https://www.econbiz.de/10010320063
reducing bidding competition, thereby also reducing acquisition prices and innovation incentives. …Why do so many high-priced acquisitions of entrepreneurial firms take place in network industries? We develop a theory … more important when there is an increase in network effects. A consequence is higher innovation incentives under an …
Persistent link: https://www.econbiz.de/10010320239
innovation. The dataset is complemented with indicators of patent quality (patent renewal, forward citations, and patent family …
Persistent link: https://www.econbiz.de/10012615417
risk aversion, and private benefit of control on post-merger financial performance in the context of emerging markets of … years of pre- and post-merger data is available. A total of 184 M&A deals were analyzed from SAARC and ASEAN regions … regression is used for multivariate analysis. Results reveal that post-mergers and acquisition (M&A) financial performance …
Persistent link: https://www.econbiz.de/10014466947
effects on the sales price. Moreover, preemptive acquisitions by incumbents are shown to stimulate the process of creative … under bidding competition. …
Persistent link: https://www.econbiz.de/10010320309
reducing bidding competition, thereby also reducing acquisition prices and innovation incentives …Why do so many high-priced acquisitions of entrepreneurial firms take place in network industries? We develop a theory … 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
innovation and product innovation using the PLS-SEM technique. The data for this study is collected from 150 managers of … adaptation are positively and significantly related to process and product innovation. Indirect and total effects show that … managers' skills, technology adaptation, process innovation, and product innovation are positively and significantly related to …
Persistent link: https://www.econbiz.de/10014505276