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relationship between regulation - both through competition policy and patent law - and innovation, and the corresponding …This essay is the introduction to a forthcoming volume entitled, Regulating Innovation: Competition Policy and Patent … regulation, innovation, and economic growth, the process of innovation itself is not well understood. The regulation of …
Persistent link: https://www.econbiz.de/10014046279
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/10012584096
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/10013330715
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/10014308004
This paper provides empirical evidence on which M&A deals spur innovation, and which stifle it. To do so, we consider … impact on innovation. These cases arise when incumbents acquire projects close to their own projects in product markets, but … both product market and technology market positions in assessing the innovation effects of pharmaceutical M&As. …
Persistent link: https://www.econbiz.de/10015434666
Persistent link: https://www.econbiz.de/10012234672
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/10012263689
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/10012656045
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/10012825729
provides prescriptions for enhancing industry entry through private ordering, federal innovation policy, and antitrust …” commercialization. However, when focusing on downstream industry segments that bring patented technologies to market—“innovation” in an …, voluntary divestures, and antitrust enforcement. While such forces are significant, the formidable strength of concentration …
Persistent link: https://www.econbiz.de/10013213690