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,
11 Pokrovsky Boulevard,
Room Т-614
Phone: (495) 628-83-68
email: fes@hse.ru
Founded in 1992, the HSE Faculty of Economics is the university’s oldest faculty. In the years since it was founded, it has gained a reputation as Russia’s leader in terms of higher economic education.
A fundamental education in modern economic theory and mathematics is combined with the study of applied disciplines, such as taxation, budget policies and processes, financial management and other related fields.
Makeeva E. Y., Popov K., Teplova O.
Frontiers in Environmental Science. 2024. Vol. 12. P. 1-14.
In press
In bk.: Oxford Research Encyclopedia of Economics and Finance. Oxford University Press, 2024.
Dagaev D., Paklina S., Parshakov P.
Social Science Research Network. Social Science Research Network. SSRN, 2024
ES International Research Seminar Series with Igor Letina, University of Bern
Our next speaker in the FES International Seminar Series is Igor Letina who is an Assistant Professor at University of Bern.
His main research interest focuses on applied microeconomic theory, in particular the questions related to economics of innovation and contest design.
Speaker: Igor Letina (University of Bern).
Title:Killer acquisitions and the incentive to innovate (joint with Armin Schmutzler and Regina Seibel, both University of Zurich)
Abstract: Competition policy observers are becoming increasingly concerned about adverse effects of mergers on potential competition. In particular, a lot of attention has been paid to so-called killer acquisitions, where an incumbent firm buys up an innovative start-up and then does not commercialize its research ideas. This paper deals with the effects of killer acquisitions on innovation in a model where an incumbent and an entrant can both invest in multiple research projects. We find that prohibiting killer acquisitions reduces the diversity of research approaches pursued by the firms and thereby the probability of developing breakthrough innovations. These findings have to be weighed against the well-known anti-competitive effect resulting from the elimination of the would-be entrant.
Date: December 16, 2019
Time: 13:40-15:00
Venue: Pokrovka campus, room T510 (, Pokrovsky Boulevard 11)
Working language: English
For external participants: to order the pass, please contact Disa Malbakhova dmalbakhova@hse.ru