Silent financial interests and product innovation

Anna Bayona, Ángel L. López

Research output: Contribution to journalArticleResearchpeer-review

1 Citation (Scopus)

Abstract

© 2018 Elsevier B.V. We study quality-enhancing R&D, price competition, and welfare in markets with asymmetric passive partial ownership (PPO) holdings. The asymmetries in PPOs generate a positive re-allocation effect which, in some cases, can increase consumer and total surplus in markets with no spillovers.
Original languageEnglish
Pages (from-to)109-112
JournalEconomics Letters
Volume170
DOIs
Publication statusPublished - 1 Sep 2018

Keywords

  • Minority shareholdings
  • Partial ownership
  • Price competition
  • R&D investments
  • Welfare

Fingerprint Dive into the research topics of 'Silent financial interests and product innovation'. Together they form a unique fingerprint.

  • Cite this