Warenkorb
€ 0,00 0 Buch dabei,
portofrei
Mergers in Innovation Competition als Buch
PORTO-
FREI

Mergers in Innovation Competition

A contest framework with knowledge spillovers. 'Management, Organisation und ökonomische Analyse'. Softcover…
Buch (kartoniert)
Ihr 10% Rabatt bei Hugendubel.de
 
10% Rabatt sichern mit Gutscheincode: XMAS10
 
In many industries innovations play a crucial role for business success and competing firms spend large amounts of money on the development of new products. The dramatic concentration process which occurred in many industries in the last decade did n … weiterlesen
Buch

122,99 *

inkl. MwSt.
Portofrei
Lieferbar innerhalb von zwei bis drei Werktagen
Mergers in Innovation Competition als Buch

Produktdetails

Titel: Mergers in Innovation Competition
Autor/en: Claus van der Velden

ISBN: 3824481707
EAN: 9783824481705
A contest framework with knowledge spillovers.
'Management, Organisation und ökonomische Analyse'.
Softcover reprint of the original 1st ed. 2005.
Book.
Sprache: Englisch.
Gabler

28. April 2005 - kartoniert - 312 Seiten

Beschreibung

In many industries innovations play a crucial role for business success and competing firms spend large amounts of money on the development of new products. The dramatic concentration process which occurred in many industries in the last decade did not only affect the competition in product markets but also had an impact on innovation strategies.
Claus van der Velden analyses various strategic aspects of mergers by applying microeconomic models of patent contests. He draws attention to a specific but nonetheless important aspect of many real world mergers, namely the effects of mergers on the willingness to invest in R&D and on innovation profitability. He 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.

Inhaltsverzeichnis

Content.- 1 Introduction.- 1.1 Background.- 1.2 Plan of Study.- I Knowledge Spillovers and Horizontal Mergers.- 2 Knowledge, Innovation and Spillovers.- 2.1 Economic Properties of Knowledge.- 2.1.1 Some Conceptional Distinctions of Knowledge.- 2.1.2 Market Failure Characteristics.- 2.1.3 Summary of Economic Properties of Knowledge.- 2.2 Innovation Activities.- 2.2.1 Concepts and Definitions.- 2.2.2 Incentives to Innovate.- 2.2.3 Intellectual Property Rights.- 2.3 Knowledge Spillovers.- 2.4 Supplement: Absorptive Capacity.- 3 Horizontal Mergers.- 3.1 Concepts and Definitions.- 3.1.1 Mergers vs. Acquisitions.- 3.1.2 Horizontal, Vertical and Conglomerate Mergers.- 3.1.3 Hostile Takeovers.- 3.2 Motives for (Horizontal) Merger.- 3.2.1 Value Creation.- 3.2.2 Production Cost Reduction.- 3.2.3 Transaction Cost Reduction.- 3.2.4 Redistribution of Rents.- 3.2.5 Concluding Remarks.- II Innovation and Industry Structure.- 4 Previous Research.- 4.1 Concentration and Innovation.- 4.2 R&D Cooperation and Spillovers.- 4.3 Competition on Product Innovation.- 4.3.1 The Loury (1979) and Lee/Wilde (1980) Model.- 4.3.2 Structure of (R&D) Contest Models.- 5 Contests with Spillovers.- 5.1 Model specification.- 5.2 Two Firms.- 5.2.1 Properties of the Probability Function.- 5.2.2 Equilibrium Analysis.- 5.2.3 Cooperation Between Duopolists.- 5.2.4 Monopoly.- 5.3 n Firms.- 5.3.1 Technological Risk.- 5.3.2 Certain Innovation Success.- 5.4 Discussion of the Model.- III Merger in Oligopolistic Contests.- 6 Mergers in Contest Models.- 6.1 Introduction.- 6.2 Merger Profitability.- 6.2.1 Profitability without Spillovers.- 6.2.2 Profitability with Spillovers.- 7 Post-Merger Organization of R&D.- 7.1 Fusion of R&D Departments.- 7.1.1 R&D Expenditures in Equilibrium.- 7.1.2 Profits in Equilibrium.- 7.2 R&D Units as Profit Centers.- 7.2.1 R&D Expenditures in Equilibrium.- 7.2.2 Profits in Equilibrium.- 7.2.3 Supplement: Incomplete Spillovers.- 7.3 R&D Units as Cost Centers.- 7.3.1 Knowledge Sharing.- 7.3.2 Knowledge Keeping.- 7.4 Merger with Centralized Budget Responsibility.- 7.4.1 R&D Expenditures in Equilibrium.- 7.4.2 Profits in Equilibrium.- 7.5 Summary.- 8 Mergers in Contests with Synergies.- 8.1 The Model Setting.- 8.2 A Numeric Example.- 8.3 Three Firm Industry without Technological Risk.- 8.3.1 Equilibrium Efforts.- 8.3.2 Equilibrium Profits.- 8.4 Three Firm Industry with Spillovers.- 8.4.1 Equilibrium Efforts.- 8.4.2 Equilibrium Profits.- 9 Conclusions and Remarks.- 9.1 Summary.- 9.2 Discussion.- 9.3 Implications.- 9.4 Limitations.- C Autonomous Budget Responsibility.- C.1 Total R&D Expenditures.- C.2 Profit Comparison.- D Centralized Budget Responsibility.- D.l Equilibrium R&D Expenditures.- D.2 Expenditure Comparison.- D.3 Profit Comparison.

Portrait

Dr. Claus van der Velden promovierte bei Prof. Dr. Peter-J. Jost am Lehrstuhl f r Organisationstheorie der Wissenschaftlichen Hochschule f r Unternehmensf hrung (WHU) in Vallendar. Er ist Senior Consultant bei Simon-Kucher & Partners in Bonn.
Servicehotline
089 - 70 80 99 47

Mo. - Fr. 8.00 - 20.00 Uhr
Sa. 10.00 - 20.00 Uhr
Filialhotline
089 - 30 75 75 75

Mo. - Sa. 9.00 - 20.00 Uhr
Bleiben Sie in Kontakt:
Sicher & bequem bezahlen:
akzeptierte Zahlungsarten: Überweisung, offene Rechnung,
Visa, Master Card, American Express, Paypal
Zustellung durch:
* Alle Preise verstehen sich inkl. der gesetzlichen MwSt. Informationen über den Versand und anfallende Versandkosten finden Sie hier.
Artikel mit dem Hinweis "Pünktlich zum Fest" werden an Lieferadressen innerhalb Deutschlands rechtzeitig zum 24.12.2018 geliefert.
** Deutschsprachige eBooks und Bücher dürfen aufgrund der in Deutschland geltenden Buchpreisbindung und/oder Vorgaben von Verlagen nicht rabattiert werden. Soweit von uns deutschsprachige eBooks und Bücher günstiger angezeigt werden, wurde bei diesen kürzlich von den Verlagen der Preis gesenkt oder die Buchpreisbindung wurde für diese Titel inzwischen aufgehoben. Angaben zu Preisnachlässen beziehen sich auf den dargestellten Vergleichspreis.