cases. We provide conditions for when a merger increases industry innovation and when evaluating mergers based on static …We study how competition affects innovation (and welfare) when firms compete both in the product market and in … innovation development. This relationship is complex and may lead to scenarios in which a lessening of competition increases R …

number of citations to patents. Thus managers who are protected from takeover market perform worse on innovation. However … innovation. Empirical results indicate that an increase in antitakeover provisions is negatively related to number of patents and …, the negative relation between antitakeover provisions and firm innovation holds only for low-tech firms. For high …

We find a positive relation between mergers and acquisitions (M&A) activity of a firm and its subsequent innovation … innovation appears at least as significant as that between R&D and innovation. To identify causality between M&A activity and … innovation, we compare the innovation output of failed acquirers to that of successful acquirers and find that failed acquirers …

This paper empirically examines the impact of exiting the stock market on corporate innovation activities using … consisting of firms that conducted public-to-private MBO and matched firms. Also, hypotheses regarding ex-post firm innovation … going private transactions on firm innovation activities among the whole MBO firms. However, I find that firms with low ex …

before the merger. While the low-variety target's stores reduced the depth of their assortment when in direct competition …We study the effect of a merger between two Dutch supermarket chains to assess its effect on the depth as well as … composition of assortment. We adopt a difference-in-differences strategy that exploits local variation in the merger's effects …

We present a model of startup acquisitions, which may give rise to inefficient "talent hoarding." We develop a model … an acquihire improves the competitiveness of the acquiring firm. We show that even absent the classical competition …

Using data from the US automobile market, we empirically examine the link between competition and innovation … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon …. Consistent with a large literature, we use patent counts as a measure of innovation. The combination of the US market's economic …

anticompetitive effects of mergers, is insufficient to capture innovation competition in its full extent. As a consequence, the aim of … assessment of anticompetitive innovation effects in merger review. By focusing on the applied U.S. Antitrust, it turns out that … none of the existing approaches seems to be appropriate to fully account for innovation competition. However, the …