Publications of the Research Unit Economics of Innovation and Industrial Dynamics

  1. Refereed Journal // forthcoming

    Acquisition Experience and the Winner’s Curse in Corporate Acquisitions

    The winner’s curse describes the behavioural phenomenon that the winner of a bidding contest pays a price that is too high. This paper shows that experiential learning cannot prevent a winner’s curse on the…

  2. Contributions to Edited Volumes and Conference Proceedings // 2023

    Measuring environmental (eco-) innovation

  3. ZEW Discussion Paper No. 23-033 // 2023

    Would You Like to Super-Size Your Car? The Effect Of Environmental Subsidies on Emissions

    I study the impact of subsidies for Plug-in hybrid vehicles (PHEV) on carbon emissions. I show that subsidizing innovations without considering consumer behavior can harm the environment. I provide descriptive…

  4. ZEW Discussion Paper No. 23-032 // 2023

    Not as Good as it Used to Be: Do Streaming Platforms Penalize Quality?

    We study the incentives of a streaming platform to bias consumption when products are vertically differentiated. The platform offers mixed bundles of content to monetize consumers’ interest in variety and pays…

  5. ZEW Discussion Paper No. 23-031 // 2023

    Skills Shortage and Innovation Openness

    Skills shortage has become a key policy issue in highly developed and innovation-oriented economies, with non-negligible consequences on firms’ innovation activities. We investigate the effect of skills shortage…