This paper analyzes how founders and their families influence R&D intensity. Information on R&D comes from a large …-scale, bi-annual survey among listed German firms. We find that R&D intensity is higher in firms that are actively managed by …&D expenditures, especially if they face financial constraints. This leads to an under-estimation of R&D intensity in these firms if …

We evaluate the impact of M&A activity on the growth of R&D spending and R&D intensity of 265 acquiring firms and 133 … R&D growth and intensity. We find that target firms substantially decrease their R&D efforts after a merger, while the R&D … intensity of acquirers drops due to a sharp increase in sales. …

examine how these firms expand to international markets successfully. Drawing on R&D intensity and learning capability, this … that R&D intensity and learning capability significantly strengthen the impact of internationalization on firm performance …. These results imply that R&D intensity and learning capability are the main drivers of success for firms from advanced …

intensity and firm value as measured by Tobin’s q. The findings reflect an inverted U-shaped relationship between R&D intensity … comprising 2382 firm-year observations and employs Pooled-OLS and fixed effects models to analyze the relationship between R&D …