This paper describes how large, typically multi-technology corporations build up and exploit their technological capability by purchasing small, technology-based firms in order to acquire their technology. The frequency, possible causes and economic effects of this phenomenon are elaborated, based on empirical studies of Swedish industry. A new mechanism for trading technology through the trading of small firms among large firms is proposed.
Working Paper No. 213
The Acquisition of Technology and Small Firms by Large Firms
Working Paper
Reference
Granstrand, Ove and Sören Sjölander (1990). “The Acquisition of Technology and Small Firms by Large Firms”. IFN Working Paper No. 213. Stockholm: Research Institute of Industrial Economics (IFN).
Granstrand, Ove and Sören Sjölander (1990). “The Acquisition of Technology and Small Firms by Large Firms”. IFN Working Paper No. 213. Stockholm: Research Institute of Industrial Economics (IFN).
Authors
Ove Granstrand, Sören Sjölander
