This paper investigates the effects of horizontal acquisitions on the productive efficiency of target firms in the 1990s. Using French manufacturing firm-level data, we implement appropriate difference-in-difference estimation techniques associated to a matching propensity score procedure. We...

This Annex contains the technical work which underpins Into the 21st Century. It describes in detail the assessment procedures and qualifications offered in France, Germany, Singapore and USA compared to the UK.

This paper investigates how the entry mode of foreign direct investment (FDI) affects the affiliate R&D activities using unique data on Swedish multinational firms over a long period of time (1970 to 1998). On average, acquired affiliates are more likely to do R&D and have a higher level of R&D...

This article examines the location choices of cross-border Mergers and Acquisitions (M&A) between OECD members?' firms in the 1990?'s. In addition to traditional determinants of FDI, we estimate the impact of specific factors affecting the M&A location pattern. The supply of target firms...

This paper investigates the causal effect of foreign acquisitions on the research and development (R&D) activities of domestic target firms over the period 1994-2004. Using accounting data on French innovative manufacturing firms, we implement appropriate difference-in-difference estimation...

This paper investigates the effects of horizontal acquisitions on the productive efficiency of target firms in the 1990s. Using French manufacturing firm-level data, we implement appropriate difference-in-difference estimation techniques associated to a matching propensity score procedure. We...