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Composition du Jury

by Eric Chaumette, Cédric Richard, Professeur Universités, Yannick Berthoumieu, Professeur Universités, Pascal Chevalier Professeur, Pascal Larzabal, Professeur Universités
"... Caractérisation des problèmes conjoints de détection et d'estimation ..."
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Caractérisation des problèmes conjoints de détection et d'estimation

Innovation Activities and the Incentives for Vertical Acquisitions and Integration

by Laurent Frésard , Gerard Hoberg , Gordon Phillips , Kenneth Ahern , Jean-Noel Barrot , Thomas Bates , Giacinta Cestone , Robert Gibbons , Oliver Hart , Thomas Hellmann , Adrien Matray , Sébastien Michenaud , Steve Tadelis , Ivo Welch
"... ABSTRACT We examine the incentives for firms to vertically integrate through acquisitions and production. We develop a new firm-specific measure of vertical relatedness and integration using 10-K product text. We find that firms in high R&D industries are less likely to become targets in vertic ..."
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to transfer control rights to the party commercializing the patents. 6 We also consider the role of supply chain stability and maturity. 4 ex post effects Our findings contribute to a large literature examining the determinants of vertical integration (see 9 Specifically, they show a relative decline in non
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