Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form … monitored by their corporate sponsors, resulting in less favorable conditions for radical innovation. …

unfortunate as both processes - the process of innovation and the process of mergers and acquisitions - are intimately connected …. The impact of mergers on innovation can only be rigorously assessed, if the converse direction of influence - mergers … out links between them. Nevertheless, the focus is on the impact of mergers on innovation. This discussion paper is …

Die Zusammenführung von Forschungs- und Entwicklungsbereichen als Folge einer Fusion oder Akquisition erfordert in der …

The combination of research and development units following a merger or an acquisition usually requires a broad and …

The innovation activities of foreign subsidiaries have been identified as an important source of competitive advantage … foreignness). We derive potential stumbling blocks in the innovation process theoretically and argue that these materialize as … innovation activities in Germany from various sectors. We find that foreign-controlled firms are not challenged by liability of …

Our study shows empirically that the choice of resource allocation strategy affects innovation performance. A policy of … allocating resources to a broader range of innovation projects increases sales of new products, especially if these are truly … stronger for firms that allocate resources more selectively at later stages of the innovation process. Based on these results …

The sensitivity of innovation activities with respect to the business cycle is often assumed to be small. In this paper … the hypothesis on cyclical dependence of innovation activities is tested for firms in the German manufacturing, and … additionally for SMEs. To this end firms? innovation decisions are considered. The decision to innovate in one period is modelled …

for innovation at home. We suggest a combination of three factors to identify and explain such innovation strategies … customers as a source for innovation that is more beneficial to standardized products and becomes more feasible if the lead … regulation. Hence, companies optimize or augment their innovation activities by invoking ideas from foreign suppliers. Then again …

breakdowns with the three years afterwards. Second, for the subset of horizontal mergers, merger activity is found to increase … competition authorities, law practices and economic consultancies may become necessary to handle the increase in merger cases. …We investigate the impact of cartel breakdowns on merger activity. Merging information on cartel cases decided by the …

breakdowns with the three years afterwards. Second, for the subset of horizontal mergers, merger activity is found to increase … competition authorities, law practices and economic consultancies may become necessary to handle the increase in merger cases. …We investigate the impact of cartel breakdowns on merger activity. Merging information on cartel cases decided by the …