Publications of the Research Unit Economics of Innovation and Industrial Dynamics

The Flemish government launched its Spearhead Cluster (SHC) policy in 2017. The aim is to boost strategic sectors by setting up cluster initiatives which coordinate collaborative R&D initiatives. In this paper,…

• ZEW M&A Index Remains Low in Early 2024
• Mergers and Acquisitions in Climate Solutions Manufacturing
• Cross-Border M&A Activities with Russia Continue despite Ukraine War
• Why Do Companies Engage in M&A?

I analyze a model of directed search in which a consumer inspects a finite number of products sharing attributes with each others. The consumer discovers her valuation for the attributes of the inspected…

The consumer search literature mostly considers independently distributed products. In contrast, I study a model of directed search with infinitely many products whose valuations are correlated through shared…

• Unternehmensschließungen 2023 – Starker Anstieg der Schließungszahlen im verarbeitenden Gewerb

Exploiting the staggered implementation of board gender quotas in Europe, this study examines their effect on firms’ environmental, social, and governance (ESG) performance. I find that firms’ environmental and…