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 …

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 …

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 …

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 …

literature, which focuses only on the level of investment in innovation, this model captures both the variety of research … amount of duplication of research. An increase in the intensity of competition among firms leads to an increase in the …

Contrary to most of the literature, which focuses only on the level of investment in innovation, this paper examines … competition among firms leads to an increase in the variety of developed projects and a decrease in the amount of duplication of …

duplication of research. An increase in the intensity of competition among firms leads to an increase in the variety of developed …

According to the essential facilities doctrine, competition law requires an infrastructural monopoly to provide access …