effects of cross-border mergers and acquisitions on innovation activities in target firms. The empirical analysis is based on … selection bias, it is found that foreign takeovers have a large negative impact on the propensity to perform innovation … activities and a negative impact on average R&D expenditures in innovative firms. Furthermore, innovation output, measured as the …

This paper provides empirical evidence on the relationship between cross-border acquisitions and innovation activities … at the firm level. In contrast to previous studies that analyze the effects on innovation in target firms, this paper …

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 innovation in the target's country tends to decline. The asymmetry of effects …