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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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1999 to 2003. Our results show that foreign capital participation is associated with higher innovative activity. Inward FDI …
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