&D) strategies using Community Innovation Survey data on the Dutch manufacturing sector. The focus of the research is whether M …&A affect corporate innovation strategies, favouring in-house R&D and innovation expenses versus external technological sourcing …. The results show that M&A activities have a positive and significant impact on innovation investments by firms, and …

heterogeneity among firms, we find: (i) a positive and well-determined effect of innovation on profits that smoothly decreases as …