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Killer acquisitions and beyond: Policy effects on innovation strategies

Letina, Igor; Schmutzler, Armin; Seibel, Regina - 2020

This paper provides a theory of strategic innovation project choice by incumbents and start-ups. We show that … prohibiting killer acquisitions strictly reduces the variety of innovation projects. By contrast, we find that prohibiting other … acquisitions only has a weakly negative innovation effect, and we provide conditions under which the effect is zero. Furthermore …

Persistent link: https://www.econbiz.de/10012284781

Killer acquisitions and beyond: Policy effects on innovation strategies

Letina, Igor; Schmutzler, Armin; Seibel, Regina - 2021

This paper provides a theory of strategic innovation project choice by incumbents and start-ups which serves as a … foundation for the analysis of acquisition policy. We show that prohibiting acquisitions has a weakly negative innovation effect …

Persistent link: https://www.econbiz.de/10012588494

Killer acquisitions and beyond: Policy effects on innovation strategies

Letina, Igor; Schmutzler, Armin; Seibel, Regina - 2021

Persistent link: https://www.econbiz.de/10012662673

Killer acquisitions and beyond: Policy effects on innovation strategies

Letina, Igor; Schmutzler, Armin; Seibel, Regina - 2023

This paper provides a theory of strategic innovation project choice by incumbents and start-ups which serves as a …, prohibiting acquisitions has a weakly negative overall innovation effect. We provide conditions determining the size of the effect …

Persistent link: https://www.econbiz.de/10014333779

Joblessness and perceptions about the effectiveness of democracy

Altındağ, Duha; Mocan, H. Naci - 2010

Using micro data on more than 130,000 individuals from 69 countries, we analyze the extent to which joblessness of the individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that personal joblessness experience translates...

Persistent link: https://www.econbiz.de/10010275894

Barriers to exit

Chong, Alberto; León, Gianmarco - 2006

Unlike previous empirical studies that focus on barriers to entry in international trade, we focus on barriers to exit as measured by passport costs for a crosssection of countries. We test four common theories on the determinants of such exit barriers and find that macroeconomic and brain-drain...

Persistent link: https://www.econbiz.de/10010278222

"Disarticulation" as a constraint to "wage-led growth" in dual economies

Aboobaker, Adam - 2019

Much of the recent interest in the relationship between growth and distribution has focused on advanced economies and neglected issues of development and structural transformation. The purpose of this paper is to make a contribution to this gap by arguing that, even in the short-run, some of the...

Persistent link: https://www.econbiz.de/10012059919

India's economic growth: From socialist rate of growth to Bharatiya rate of growth

Virmani, Arvind - 2004

Paper reviews India's growth performance since independence. Phrases suchas "Hindu Rate of Growth," sometimes make a telling comment and expose obscureeconomic data to a wider audience, but they can just as readily obscure reality byfocussing attention on the wrong issue. There is nothing in the...

Persistent link: https://www.econbiz.de/10011807532