Publications of the Research Unit Economics of Innovation and Industrial Dynamics

  1. M&A Report // 2011

    June 2011

    • Revitalisation of the German M&A Market
    • China‘s Interest in the Financial Sector Undimmed
    • Merger Plans of Stock Exchange Operators
    • Takeover Rumours at ProSiebenSat.1
    • Cartel Collapses and M&A Activity
    • Private Equity…
  2. ZEW Discussion Paper No. 11-036 // 2011

    Unmasking the Porter Hypothesis: Environmental Innovations and Firm-Profitability

    Environmental regulation. What economists usually associate with these words are barriers to competitiveness. The association of Porter (1991) and Porter and van der Linde (1995) is a different one. By relying…

  3. ZEW Discussion Paper No. 11-035 // 2011

    Ex-post Assessment of Merger Effects: The Case of Pfizer and Pharmacia (2003)

    The pharmaceutical industry has recently experienced numerous mergers and acquisitions. The number of studies which investigate the effects of pharmaceutical mergers is, however, rather limited. This paper…

  4. ZEW Discussion Paper No. 11-034 // 2011

    The Effects of the Block Exemption Regulation Reform on the Swiss Car Market

    In 2002, the Swiss Competition Commission (COMCO) introduced a Notice on the Competitive Treatment of Vertical Restraints in Automobile Trade (‘Car Notice’). The objective of the Car Notice has been to…

  5. ZEW Discussion Paper No. 11-030 // 2011

    Entrepreneurs from Low-Skilled Immigrant Groups in Knowledge-intensive Industries – Company Characteristics, Survival and Innovative Performance

    Technology entrepreneurship is an important facilitator for the introduction of new products and for the diffusion of innovations throughout the economy. It is therefore an important contributor to long-term…

  6. Contributions to Edited Volumes and Conference Proceedings // 2011

    Technologieakquisition und Marktstellung

  7. ZEW Discussion Paper No. 11-026 // 2011

    Managerial Ownership, Entrenchment and Innovation

    Economic theory suggests that managers’ investment behavior differs from that of owners. On the one hand, managers might under-invest into R&D compared to owners for reasons of risk. R&D projects are typically…

  8. ZEW Discussion Paper No. 11-021 // 2011

    The Market Value of Blocking Patent Citations

    Patent-based measures are the most frequently used indicators in empirical research on innovation and technological change. In particular, patent forward citations have become an established measure for the…