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Almost two years after the publication of the "Integrated Review", the British govern­ment has updated its security strategy. This "refresh" is primarily intended to adapt to the rapidly advancing development towards a contested and fragmented global order. Without indicating a radical shift,...
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This paper contributes to the ongoing debate on the welfare effects of foreign direct investment by investigating the … selection bias, it is found that foreign takeovers have a large negative impact on the propensity to perform innovation … share of sales from product innovations is not significantly affected by a foreign takeover for a given amount of innovation …
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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...
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This paper analyses the extent of technological capability of foreign subsidiaries located in East Germany, and looks … at the determinants of foreign subsidiaries' technological sourcing behaviour. The theory of international production … available, to conduct our analyses. We find that foreign subsidiaries are above average technologically active in comparison to …
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