Publications of the Research Unit Economics of Innovation and Industrial Dynamics

  1. ZEW Discussion Paper No. 24-045 // 2024

    Not as Good as It Used to Be: Do Streaming Platforms Penalize Quality?

    In this study, we analyze the incentives of a streaming platform to bias consumption when products are vertically differentiated. The platform offers mixed bundles of content to monetize consumer interest in…

  2. ZEW Discussion Paper No. 24-031 // 2024

    Cluster Policy, Innovation, and Firm Productivity. An Econometric Assessment of the Flemish Spearhead Cluster Program

    The Flemish government launched its Spearhead Cluster (SHC) policy in 2017. The aim is to boost strategic sectors by setting up cluster initiatives which coordinate collaborative R&D initiatives. In this paper,…

  3. M&A Report // 2024

    May 2024

    • ZEW M&A Index Remains Low in Early 2024
    • Mergers and Acquisitions in Climate Solutions Manufacturing
    • Cross-Border M&A Activities with Russia Continue despite Ukraine War
    • Why Do Companies Engage in M&A?
  4. ZEW Discussion Paper No. 24-033 // 2024

    Consumer Search and Firm Strategy With Multi-Attribute Products

    I analyze a model of directed search in which a consumer inspects a finite number of products sharing attributes with each others. The consumer discovers her valuation for the attributes of the inspected…

  5. ZEW Discussion Paper No. 24-032 // 2024

    Search on a Grid: Directed Consumer Search With Correlated Products

    The consumer search literature mostly considers independently distributed products. In contrast, I study a model of directed search with infinitely many products whose valuations are correlated through shared…