Bandick, Roger; Görg, Holger; Karpaty, Patrik - C.E.P.R. Discussion Papers - 2010
The aim of this paper is to evaluate the causal effect of foreign acquisition on R&D intensity in targeted domestic … that the change in ownership of domestic to foreign multinationals leads to a reduction in R&D activity in the country, as … drain of R&D activity in Swedish MNEs. Rather, this paper finds robust evidence that foreign acquisitions lead to increasing …