Pre-empting Technology Competition Through Firm Acquisitions
AbstractThis paper investigates the motive of pre-empting technology competition through mergers and acquisitions (M&A). Exploiting the patent application procedure at the European Patent Office we introduce a new measure for the possibility to create entry barriers in technology markets. Our results show significant evidence that firms engage in horizontal M&A to pre-empt competition in technology markets. --
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Bibliographic InfoPaper provided by ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research in its series ZEW Discussion Papers with number 07-027.
Date of creation: 2007
Date of revision:
pre-empting technology competition; mergers and acquisitions;
Other versions of this item:
- Grimpe, Christoph & Hussinger, Katrin, 2008. "Pre-empting technology competition through firm acquisitions," Economics Letters, Elsevier, vol. 100(2), pages 189-191, August.
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
- L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-06-30 (All new papers)
- NEP-BEC-2007-06-30 (Business Economics)
- NEP-COM-2007-06-30 (Industrial Competition)
- NEP-CSE-2007-06-30 (Economics of Strategic Management)
- NEP-IND-2007-06-30 (Industrial Organization)
- NEP-INO-2007-06-30 (Innovation)
- NEP-IPR-2007-06-30 (Intellectual Property Rights)
- NEP-MIC-2007-06-30 (Microeconomics)
- NEP-TID-2007-06-30 (Technology & Industrial Dynamics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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