 Innovation–Consolidation Nexus: Evidence from India’s Manufacturing SectorChapter Chapter 8 in Globalisation of Technology, 2018, pp 183-201 from Springer Abstract: Abstract Often mergers and acquisitions (M&As) are approved by competition regulator(s) based on the likely impact of it on innovation, which is further expected to enhance consumer welfare. During the initial years of M&As activity, the relationship between M&As and technological performance was not a major concern. During those days, the studies were focusing on the trade-off between efficiency generation and market power creation. However, there has been an unprecedented increase in the value and volume of technology-related mergers, acquisitions and alliances during globalization with a view to minimize cost of production and to effectively withstand market competition. Overall, the study observed that cross-border M&As are spending more for royalties and technical know-how, which indirectly indicates the continuing dependence of foreign firms on import of technology compared to in-house R&D creation in the Indian manufacturing sector. Keywords: Market structure and innovation; Mergers and acquisitions; Anti-trust issues; Government policy and regulations; Monopolization strategies; Innovation (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:isbchp:978-981-10-5424-2_8 Ordering information: This item can be ordered from DOI: 10.1007/978-981-10-5424-2_8 Access Statistics for this chapter More chapters in India Studies in Business and Economics from Springer |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.