Mergers in Innovation Competition: A Contest Framework with Knowledge Spillovers

By Claus van der Velden

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.

• Format: Paperback
• Language: English
• ISBN: 3824481707
• ISBN13: 9783824481705
• Release Date: April 2005
• Publisher: Deutscher Universitatsverlag
• Length: 295 Pages
• Weight: 0.83 lbs.
• Dimensions: 0.7" x 5.8" x 8.3"