This papers analyses how horizontal mergers affect innovation activities of the merged entity and its non … predicts that a merger is more likely to be profitable in an innovation intensive industry. For a high degree of firm … heterogeneity, a merger reduces innovation of both the merged entity and non-merging competitors in an industry with high R …

We analyze the effect of a labor market reform on firms' product innovation. The re- form, which amounts to a natural …

&As). Specifically, we discuss the effects of M&As on innovation, product variety, and sustainability. Although the relationship is … theoretically ambiguous, the vast majority of ex-post evaluations of horizontal M&As finds large negative effects on innovation …

This paper analyzes the effects of cross-border mergers and acquisitions (M&As) on the innovation of European firms …. The results indicate a considerable increase in post-acquisition innovation in the merged entity. This is mainly driven by … inventors based in the acquirer's country, while innovation in the target's country tends to decline. The asymmetry of effects …

The paper analyses the impact of private equity (PE) backed leveraged buyouts (LBOs) on innovation output (patenting … innovation activity is concentrated among private-to-private transactions with a 14% increase in the quality-adjusted patent …

We study the effect of stronger patent protection on innovation activities of firms and firm-product level markups …