This paper contributes to the ongoing debate on the welfare effects of foreign direct investment by investigating the effects of cross-border mergers and acquisitions on innovation activities in target firms. The empirical analysis is based on survey and ownership data for a large sample of...

This paper analyzes the effects of cross-border mergers and acquisitions (M&As) on the innovation of European firms. The results indicate a considerable increase in post-acquisition innovation in the merged entity. This is mainly driven by inventors based in the acquirer's country, while...

Das ifo Institut für Wirtschaftsforschung untersuchte im Sommer 1999 die Auswirkungen von Aktivitäten multinationaler, im besonderen deutscher Firmen auf die Verbreitung neuer Technologien sowie die Innovationsfähigkeit innerhalb der ungarischen Industrie insgesamt. Die Studie wurde in...