How mergers affect innovation: Theory and evidence from the pharmaceutical industry
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References listed on IDEAS
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"The Impact of Horizontal Mergers on Rivals: Gains to Being Left Outside a Merger,"
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Citations
Blog mentions
As found by EconAcademics.org, the blog aggregator for Economics research:- Research: Innovation Suffers When Drug Companies Merge
by Justus Haucap in HBR Blog Network on 2016-08-03 17:05:51
Citations
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Cited by:
- Barbara Fidanza, 2017. "Quali driver nella selezione delle target in operazioni di M&A? Una verifica empirica nel mercato italiano," Working Papers 52-2017, Macerata University, Department of Studies on Economic Development (DiSSE), revised Jan 2018.
- Céline Bonnet & Jan Philip Schain, 2020. "An Empirical Analysis of Mergers: Efficiency Gains and Impact on Consumer Prices," Post-Print hal-02952921, HAL.
- Bonnet, Céline & Schain, Jan Philip, 2017.
"An empirical analysis of mergers: Efficiency gains and impact on consumer prices,"
DICE Discussion Papers
244, University of Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Bonnet, Céline & Schain, Jan Philip, 2017. "An Empirical Analysis of Mergers: Efficiency Gains and Impact on Consumer Prices," TSE Working Papers 17-765, Toulouse School of Economics (TSE).
- Margaret K. Kyle, 2019. "The Alignment of Innovation Policy and Social Welfare: Evidence from Pharmaceuticals," NBER Chapters, in: Innovation Policy and the Economy, Volume 20, pages 95-123, National Bureau of Economic Research, Inc.
- Anna Rita Bennato & Stephen Davies & Franco Mariuzzo & Peter Ormosi, 2019. "Mergers and Innovation: Evidence from the Hard Disk Drive Market," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2018-04v3, Centre for Competition Policy, University of East Anglia, Norwich, UK..
- Unsal, Omer & Rayfield, Blake, 2019. "Institutional investors and medical innovation," The Quarterly Review of Economics and Finance, Elsevier, vol. 74(C), pages 190-205.
- Unsal, Omer, 2020. "Two faces of corporate lobbying: Evidence from the pharmaceutical industry," The North American Journal of Economics and Finance, Elsevier, vol. 51(C).
- Wolfgang Kerber, 2017. "Rights on Data: Competition, Innovation, and Competition Law: Dissecting the Interplay," MAGKS Papers on Economics 201742, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Ralph Siebert & Zhili Tian, 2020. "Dynamic Mergers Effects on R&D Investments and Drug Development across Research Phases in the Pharmaceutical Industry," CESifo Working Paper Series 8303, CESifo.
More about this item
Keywords
mergers & acquisitions; innovation; R&D incentives; merger policy;JEL classification:
- D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- L4 - Industrial Organization - - Antitrust Issues and Policies
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
- O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CFN-2016-04-16 (Corporate Finance)
- NEP-COM-2016-04-16 (Industrial Competition)
- NEP-CSE-2016-04-16 (Economics of Strategic Management)
- NEP-IND-2016-04-16 (Industrial Organization)
- NEP-INO-2016-04-16 (Innovation)
- NEP-SBM-2016-04-16 (Small Business Management)
- NEP-TID-2016-04-16 (Technology & Industrial Dynamics)
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