Private Equity Can Make Firms More Innovative
Harvard Business Review
JUNE 29, 2015
Amess, Stiebale, and Wright gathered information from three different databases—one on firm characteristics like sales and industry type, one on LBO deals, and one on patent applications and citations. The authors found that three years after an LBO, PE-backed firms had filed 40% more high-quality patent applications than regular firms.
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