investment. However, only a limited share of foreign subsidiaries with R&D and/or innovation activity source technological … knowledge from the East German innovation system. If a subsidiary follows a competence augmenting strategy or does local trade … partially linked with the regional innovation system. Policy implications are discussed …

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 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 …