Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - 2013
are shown to be solved by verification through entry for sale. -- acquisitions ; entrepreneurship ; innovation ; start …We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are … preemptive acquisitions by incumbents are shown to stimulate the process of creative destruction by increasing the …