Mergers and Acquisitions , Den Haag / Europäisches Patentamt , Patent , Technologie
Keywords (English):
pre-empting technology competition , mergers and acquisitions
Abstract:
This 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.
Additional information:
Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.