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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
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612-822-4611
Mergers in Innovation Competition: A Contest Framework with Knowledge Spillovers

Mergers in Innovation Competition: A Contest Framework with Knowledge Spillovers

Paperback

Series: Management, Organisation Und Ökonomische Analyse, Book 4

Business GeneralManagementShakespeare

ISBN10: 3824481707
ISBN13: 9783824481705
Publisher: Deutscher Universitatsverlag
Published: Apr 28 2005
Pages: 295
Weight: 0.83
Height: 0.66 Width: 5.83 Depth: 8.27
Language: English
Claus van der Velden analyses various strategic aspects of mergers by applying microeconomic models of patent contests. He draws attention to the effects of mergers on the willingness to invest in R&D and on innovation profitability and shows that the organization of the R&D activities after a merger has a significant impact on the transaction's profitability. The study also considers the consequences of knowledge spillovers in innovation processes for R&D costs and thus for a merger's outcome.

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