Stiebale, Joel (contributor); Reize, Frank (contributor) - 2008
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 …