Publications of the Research Unit Economics of Innovation and Industrial Dynamics

  1. M&A Report // 2019

    November/December 2019

    • German M&A Market in Distress
    • Brexit Hampers M&A Activity with the UK
    • Transactions in European Real Estate and Housing Fall Sharply
    • The European Steel Sector Is Still Waiting for the Next Big Consolidation
  2. ZEW Discussion Paper No. 19-047 // 2019

    Bank Mergers in the Financial Crisis – A Competition Policy Perspective

    We analyze a large merger in the Dutch banking market during the financial crisis using disaggregated data. Based on a merger simulation model, we evaluate merger-induced changes in the interest rates for…

  3. ZEW Discussion Paper No. 19-045 // 2019

    Schutz der Robo Advisor vor Marktbarrieren: Zugriffsrechte auf Banken-Schnittstellen?

    The development of Robo Advice offers bank-independent FinTechs the opportunity to capture shares of the market for investment advice, brokerage and the management of financial instruments. In the long run,…

  4. ZEW Discussion Paper No. 19-044 // 2019

    Firm Acquisitions by Family Firms: A Mixed Gamble Approach

    This study elucidates the mixed gamble confronting family firms when considering a related firm acquisition. The socioemotional and financial wealth trade-off associated with related firm acquisitions as well as…