Pre-empting technology competition through firm acquisitions

被引:46
作者
Grimpe, Christoph [2 ,3 ]
Hussinger, Katrin [1 ,2 ,3 ]
机构
[1] Univ Maastricht, Maastricht, Netherlands
[2] ZEW, Mannheim, Germany
[3] Katholieke Univ Leuven, Louvain, Belgium
关键词
pre-empting technology competition; mergers and acquisitions;
D O I
10.1016/j.econlet.2008.01.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
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. (C) 2008 Elsevier B. V. All rights reserved.
引用
收藏
页码:189 / 191
页数:3
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