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- W2765429726 abstract "I derive a Net Innovation Pressure (NIP) formula based on logic that is similar to the logic underlying Upward Pricing Pressure (UPP) and that takes account of R&D spillovers. As with UPP, diversion is a key determinant of NIP, but the price-cost margin is not. The formula, which is quite simple, reveals that whether a merger decreases or increases the incentive to innovate depends on whether the diversion rate is greater or less than the R&D spillover rate." @default.
- W2765429726 created "2017-11-10" @default.
- W2765429726 creator A5045892894 @default.
- W2765429726 date "2016-01-01" @default.
- W2765429726 modified "2023-09-24" @default.
- W2765429726 title "Net Innovation Pressure in Merger Analysis" @default.
- W2765429726 doi "https://doi.org/10.2139/ssrn.3051249" @default.
- W2765429726 hasPublicationYear "2016" @default.
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