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Pre-empting technology competition through firm acquisitions

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Author Info
Grimpe, Christoph
Hussinger, Katrin

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Abstract

This paper shows that firms engage in horizontal mergers and acquisitions to pre-empt competition in technology markets. Making use of the patent application procedure at the European Patent Office we introduce a measure for potential entry barriers in technology markets.

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File URL: http://www.sciencedirect.com/science/article/B6V84-4RNJ8K8-1/1/cc9129776a83ca5a9c2f3ef7da091043
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Publisher Info
Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 100 (2008)
Issue (Month): 2 (August)
Pages: 189-191
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Handle: RePEc:eee:ecolet:v:100:y:2008:i:2:p:189-191

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  1. Joel Stiebale & Frank Reize, 2008. "The Impact of FDI on Innovation in Target Firms," Ruhr Economic Papers 0050, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen. [Downloadable!]
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