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Bennato, Anna Rita, Davies, Stephen, Mariuzzo, Franco 
ORCID: https://orcid.org/0000-0003-4604-1054 and Ormosi, Peter ORCID: https://orcid.org/0000-0001-6472-6511
(2021)
Mergers and innovation: Evidence from the hard disk drive market.
International Journal of Industrial Organization, 77.
ISSN 0167-7187
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Abstract
This paper is a retrospective evaluation of how innovation changed following mergers and subsequent policy interventions after the 5-to-3 consolidation of the worldwide hard disk drive industry in 2012. It adopts a holistic view of innovation, employing four different measures: R&D, patents, the number of new models, and their unit prices. This allows us to distinguish the magnitude of the merging parties innovative efforts from the productivity of those efforts. Our firm-level approach confirms that there is important heterogeneity across the players, which we attribute to differences in the severity of remedies required by competition authorities.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | 3* ,/dk/atira/pure/researchoutput/REFrank/3_ |
| Faculty \ School: | Faculty of Social Sciences > School of Economics Faculty of Social Sciences > Norwich Business School |
| UEA Research Groups: | Faculty of Social Sciences > Research Centres > Centre for Competition Policy Faculty of Social Sciences > Research Groups > Industrial Economics Faculty of Social Sciences > Research Groups > Responsible Business Regulation Group |
| Related URLs: | |
| Depositing User: | LivePure Connector |
| Date Deposited: | 02 Jun 2021 00:09 |
| Last Modified: | 29 May 2023 01:38 |
| URI: | https://ueaeprints.uea.ac.uk/id/eprint/80186 |
| DOI: | 10.1016/j.ijindorg.2021.102755 |
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