Merger and product innovation under cross ownership and cooperative R&D

被引：2
|
作者：
Mukherjee, Arijit [1 ,2 ,3 ,4 ]
机构：
[1] Univ Nottingham, Business Sch, Jubilee Campus,Wollaton Rd, Nottingham NG8 1BB, England
[2] CESifo, Munich, Germany
[3] INFER, Cologne, Germany
[4] City Univ Hong Kong, GRU, Hong Kong, Peoples R China
来源：
ECONOMICS LETTERS | 2023年 / 233卷
关键词：
Cooperative R&D; Cross ownership; Merger; Product innovation;
D O I：
10.1016/j.econlet.2023.111418
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We show that merger may increase investments in product innovation, and expected welfare if there is either passive cross ownership or cooperative research. Hence, the antitrust authorities may not need to be too concerned about mergers in these situations.
引用
收藏
页数：3
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