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DTSTART;TZID=Europe/Oslo:20230516T121500
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DTSTAMP:20260420T044814
CREATED:20230419T084259Z
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UID:7068-1684239300-1684243800@beccle.no
SUMMARY:Mergers and Demand-Enhancing Innovation
DESCRIPTION:  \nCANCELLED! (Due to cancelled flight) \nYassine Lefouili from the Toulouse School of Economics will give a seminar on Mergers and Demand-Enhancing Innovation. This is a joint seminar of the Centre for Business Economics (NHH) and BECCLE.  \n  \n  \n  \nAbstract \nWe study the impact of horizontal mergers on merging firms’ incentives to invest in demand-enhancing innovation. In our baseline model\, we identify four effects of a symmetric merger on these incentives: the innovation diversion effect\, the margin expansion effect\, the demand expansion effect\, and the per unit return to innovation effect. We offer sufficient conditions for a merger to reduce or raise merging firms’ incentives to innovate in the absence of spillovers and efficiency gains in R&D\, and find that a comparison between the innovation diversion and price diversion ratios is informative about the impact of a merger on innovation. \n  \nThe seminar will take place on the 16th of May from 12.15 to 13.30 pm at the Department of Economics at NHH\, room E209/210.
URL:https://beccle.no/event/mergers-and-demand-enhancing-innovation/
LOCATION:Room E209/E210\, Department of Economics\, Norwegian School of Economics\, Helleveien 30\, Bergen\, Norway
CATEGORIES:Events,Seminar
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