Effects of Acquisitions on Product and Process Innovation and R&D Performance

Using a game theoretical model on firms simultaneous investments in product and process innovation, the authors deduct and empirically test hypotheses on the optimal R&D portfolio, investment, performance, and dynamic efficiency of R&D for acquisitions and in independently competing firms. They use Community Innovation Survey data on Italian manufacturing firms.

Firm Maturity and Product Processes R&D in Swedish Manufacturing Firms

This paper investigates the commonly debated question about innovations and firm age. Are innovations made by incumbent firms, and does innovation therefore constitute a barrier to entry, or is innovation a way for new firms to successfully compete? The paper further investigates the relationship between firm size and innovation.