Bandick, Roger; Görg, Holger; Karpaty, Patrik - 2010
The aim of this paper is to evaluate the causal effect of foreign acquisition on R&D intensity in targeted domestic … that the change in ownership of domestic to foreign multinationals leads to a reduction in R&D activity in the country, as … acquisition dummy. Overall, our results give no support to the fears that foreign acquisition of domestic firms lead to a brain …