Killer Acquisitions
Killer Acquisitions
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Publisher
Chicago: The University of Chicago Press
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Language
English
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Publisher
Chicago: The University of Chicago Press
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Scope and Contents
Contents
This paper argues that incumbent firms may acquire innovative targets solely to discontinue the target’s innovation projects and preempt future competition. We call such acquisitions “killer acquisitions.” We develop a model illustrating this phenomenon. Using pharmaceutical industry data, we show that acquired drug projects are less likely to be d...
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Full title
Killer Acquisitions
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TN_cdi_uchicagopress_journals_712506
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_uchicagopress_journals_712506
Other Identifiers
ISSN
0022-3808
E-ISSN
1537-534X
DOI
10.1086/712506