Bertoni, Fabio; Nadant, Anne-Laure Le; Perdreau, Frédéric - In: Economics Bulletin 34 (2014) 2, pp. 856-864
We study innovation and R&D investments made from 2008 to 2010 by UK companies that were the targets of leveraged … buyout (LBO) in previous years. We find that overall, LBO companies do not exhibit lower innovation and R&D investments than … non-LBO companies during the crisis, with other things being equal. However, innovation and R&D investments decline …