We present a model of startup acquisitions, which may give rise to inefficient" talent hoarding." We develop a model with two competing firms that can acquire and integrate (or" …
C Ornaghi, L Cassi - Discussion Papers in Economics and …, 2023 - eprints.soton.ac.uk
There is robust evidence that M&As in the pharmaceutical sector have a negative impact on firms' patent output. In this paper we use data from the European Patent Office to investigate …