This paper proposes a model where an upstream monopolist sells an input to a downstream industry, which may alternatively acquire a perfect substitute for the monopolist's input from a competitive industry. By vertically integrating with a downstream firm, the upstream monopolist may charge a...

I analyze a sample of contracts for the acquisition of technology by Spanish firms, where I observe firm and technology characteristics, as well as the type of scheduled payments, whether fixed and/or variable. I find first that technology type influences the chances of the parties reaching an...

This paper presents evidence on actual collusive agreements from the late 19th Century iron and steel industry in Spain. We examine the minutes of the executive boards of two Basque firms, Altos Hornos de Bilbao and Vizcaya, to discuss the relevance of different factors on survival and failure...

We investigate the determinants of renewable energy R&D intensity and the impact of renewable energy innovations on firm performance, using several dynamic panel data models. We estimate these models using a large dataset of European firms of 19 different countries, with some patenting activity...

This paper searches for evidence on the additional difficulty the parties have in contracting for the transfer of know-how relative to the transfer of patented technology. There is empirical evidence, drawn from a sample of contracts for the acquisition of technology by Spanish firms in 1991,...