The rising power of firms is a major topic for economists and business scholars. While managers try to gain market power by applying several (legal and sometimes even illegal) strategies, society may suffer from welfare losses and higher inequality as a result. While these issues are more discussed in the US than in Europe, an increasing number of publications are devoted to the analysis of corporate power and its consequences within Europe.
Publications and presentations are important output of applied economic research at Lauder Business School. Depending on the audience and type of journal, the aim can be either to participate in the scientific debate or to inform the wider public of new research results and discuss its social relevance.
Furtenbach is a chemical company and its core business lies in the field of resins and coatings. It is the third largest company in Europe in its branch. Just to provide a snapshot on its relevance, there is at least one element in every vehicle that was manufactured with the help of its final products.
Winkelbauer GmbH, an Austrian medium-size company which specializes in distributing premium international nutrition brands in Austria, requested support of the Lauder Business School to analyze the development of retailable produce in Austria. Winkelbauer GmbH would like to include the findings and results of this project in their future marketing concepts.
Dr. Christian Reiner, senior researcher at LBS published an essay on innovation economics on a blog for economic research, called “Ökonomenstimme”.
Dr. Christian Reiner, Senior Researcher at LBS, was invited to join a research group on “Oligopoly, Stagnation and Power” at the Vienna University of Economics and Business. The research group consists of approx. ten economic researchers from different institutional backgrounds aiming to explore possible futures of capitalism while taking into account the rising concentration in a large number of markets, the resulting higher power of firms, slow economic growth and the possible relationships between these phenomena.