This article studies the relationship between the presence of large shareholders in the ownership structure of firms and R&D investment. In the analysis, the authors consider the influence of three types of blockholders: banks, non-financial corporations, and
individuals.
Link
http://econpapers.repec.org/scripts/redir.pl?u=http%3A%2F%2Fdocubib.uc3m.es%2FWORKINGPAPERS%2FWB%2Fwb054611.pdf;h=repec:cte:wbrepe:wb054611