This paper provides a theory of strategic innovation project choice by incumbents and start-ups. We apply this theory … to identify the effects of prohibiting start-up acquisitions. We differentiate between killer acquisitions (when the … incumbent does not commercialize the acquired start-up's technology) and acquisitions with commercialization. A restrictive …

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 …, for both killer and other acquisitions, we identify market conditions under which the innovation effect is small, so that …

This paper analyzes the effects of mergers on markups of non-merging rival firms in narrowly defined markets. Combining … data from the European Commission’s market assessments in merger decisions with production data, we use recent … the performance of almost 600 rival firms in close to 200 merger cases before and after the change in market structure …

This paper investigates short-term effects of big tech start-up acquisitions on innovation empirically. Innovation … explore the repercussions of big tech start-up acquisitions on innovation by examining their effects on venture capital (VC … (IPOs) and other mergers and acquisitions (M&As), we found an average increase of 30.7% in the total amount of VC funding …

- wholly owned subsidiary or equity participation - exercised by firms involved in cross-border mergers and acquisitions (M … to have a strong influence on management decisions during acquisitions, it has been overlooked in the academic literature …, and research on this topic is in its infancy. As a matter of fact, the increasing trend toward international acquisitions …

This article analyses the performance and value creation of the glamorous operations of mergers and acquisitions (M …

We analyse the effects of monetary policy on mergers and acquisitions (M&A) activity in the United States, both on the …