Oxford Events, the new replacement for OxTalks, will launch on 16th March. From now until the launch of Oxford Events, new events cannot be published or edited on OxTalks while all existing records are migrated to the new platform. The existing OxTalks site will remain available to view during this period.
From 16th, Oxford Events will launch on a new website: events.ox.ac.uk, and event submissions will resume. You will need a Halo login to submit events. Full details are available on the Staff Gateway.
We document that many acquisitions of startups by digital platforms are of firms offering complementary rather than directly competing services. This motivates an endogenous growth model of competition among financially-constrained startups competing to create a new technology. An acquirer outside the industry can meet and acquire startups in order to provide additional financing for R&D. The presence of deep-pocketed acquirers accelerates the arrival of the new technology, but has ambiguous effects on its expected quality, both of which matter for welfare. When project quality is known, acquirers are more selective than startups to fund the project because of the option to search again, but if project quality is still uncertain, acquirers are less selective because of their deep pockets.
