Showing 1 - 10 of 4,309
Pharmaceutical firms spend increasing amounts in mergers and acquisitions (M&As), which raises the question of whether sufficient investment is left after mergers to further develop firms' internal drug development capability. We evaluate the effects of M&As on firms' post-merger R&D...
Persistent link: https://www.econbiz.de/10012219372
We examine the Nash equilibria of a game where two national governments set patent breadth strategically. Broader patents make R&D more attractive, but the effect on static efficiency is nonmonotonic. In a North.South model, where only the North can innovate, harmonization of patent breadth...
Persistent link: https://www.econbiz.de/10011637630
In this study, we investigate whether and to what extent community managers in online collaborative communities can stimulate crowd activities through their engagement. Using a novel data set of 22 large online idea crowdsourcing campaigns, we find that active engagement of community managers...
Persistent link: https://www.econbiz.de/10011877762
-level information on mergers, production, and innovation in the dynamic random access memory semiconductor market from 1985 to 2004. Our …
Persistent link: https://www.econbiz.de/10011481190
Mergers realize heterogeneous competitive effects on profits, production, and prices. To date, it is unclear whether differential merger outcomes are caused mostly by firms' technology or product market attributes. Furthermore, empirical merger studies conventionally assume that, conditional on...
Persistent link: https://www.econbiz.de/10011717038
globalization. We develop a competence-based definition of technological sovereignty, which puts innovation policy at the core of … cooperation and trade. Two case studies illustrate how innovation policy might be used to achieve technological sovereignty. …
Persistent link: https://www.econbiz.de/10012546886
This paper provides an integrated analysis of multinational companies’ global production and innovation. We establish … of production, basic innovation and applied innovation, under asymmetric complementarities across these three activities … and quality, and offshore innovation to more countries, including both countries with and without production affiliates …
Persistent link: https://www.econbiz.de/10015326180
innovation, we characterize such "radical teams" as those formed by eclectic and non-usual collaborators, and those that are …
Persistent link: https://www.econbiz.de/10011451136
Does access to information and communication technologies (ICT) increase innovation? We examine this question by …
Persistent link: https://www.econbiz.de/10012304309
In this paper we replicate most of the stylized facts characterizing the decline in business dynamism in the USA highlighted by Akcigit and Ates (2021) and provide an explanation of their emergence by means of a macroeconomic agent-based model populated by two types of firms: innovators who...
Persistent link: https://www.econbiz.de/10014383652