PTLR Annotated BibTeX Master

This page is part of the Patent Thicket Litature Review

Notes

This page contains the Annotated BibTeX Master file. It is a series of BibTeX entries, sorted approximately alphabetically by author, with notes after each entry. The notes were written during the second step of the review process and should not be trusted. Notes should only be erased when entries leave this file. At present entries should only leave this file when they have been edited and updated with the appropriate tags and entered into the PTLR Up Group Processed BibTeX. If/when this file is copied to a text file for remote work, please keep this header.

The Master File

@article{gugler2007market,
  jstor_articletype = {research-article},
  title = {Market Power versus Efficiency Effects of Mergers and Research Joint Ventures: Evidence from the Semiconductor Industry},
  author = {Gugler, Klaus and Siebert, Ralph},
  journal = {The Review of Economics and Statistics},
  volume = {89},
  number = {4},
  jstor_formatteddate = {Nov., 2007},
  pages = {pp. 645-659},
  url = {http://www.jstor.org/stable/40043091},
  ISSN = {00346535},
  abstract = {Merger control authorities may approve a merger based on an "efficiency defense." An important aspect in clearing mergers is that the efficiencies need to be merger-specific. Joint ventures, and in particular research joint ventures (RJVs), may achieve comparable efficiencies possibly without the anticompetitive (market power) effects of mergers. We empirically account for the endogenous formation of mergers and RJVs and provide evidence that at the semiconductor level, mergers and RJVs achieve dominant (net) efficiency effects. Our counterfactuals provide evidence that the efficiency gains caused by mergers would have been achieved by RJVs as well. Therefore, RJVs often represent viable alternatives to mergers from the consumer welfare point of view. At the more disaggregate level we find that the efficiency effects are larger in the microcomponents than in the memory market. This finding emphasizes the importance of market determinants (such as product differentiation and entry) having an impact on efficiency and market power effects.},
  language = {English},
  year = {2007},
  publisher = {The MIT Press},
  copyright = {Copyright © 2007 The MIT Press},
  filename={Gugler Siebert (2007) - Market Power Versus Efficiency Effects Of Mergers And Research Joint Ventures.pdf}
}

Econ: Semiconductor: Efficiency of mergers

Our counterfactuals pro- vide evidence that the efficiency gains caused by mergers would have been achieved by RJVs as well. Therefore, RJVs often represent viable alternatives to mergers from the consumer welfare point of view. At the more disaggregate level we find that the efficiency effects are larger in the microcomponents than in the memory market. This finding emphasizes the importance of market determinants (such as product differentiation and entry) having an impact on efficiency and market power effects

Incre- mental process innovations occur more frequently in the memory segment, creating a higher density of the patent thicket. This fact is in line with the patent thicket literature see, for example, Hall and Ziedonis (2001) and Shapiro (2001).1

@techreport{lerner2003cooperative,
  title={Cooperative marketing agreements between competitors: evidence from patent pools},
  author={Lerner, J. and Tirole, J. and Strojwas, M.},
  year={2003},
  institution={National Bureau of Economic Research},
  filename={Lerner Tirole Strojwas (2003) - Cooperative Marketing Agreements Between Competitors.pdf}
}

DISCARD: Appears to be almost identical to: Lerner Strojwas Tirole (2003) - The Structure And Performance Of Patent Pools Empirical Evidence