share of sales from product innovations is not significantly affected by a foreign takeover for a given amount of innovation … 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 …

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 …