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Entrepreneurial Innovations and Private Equity Acquisitions

The overall purpose of this research project is to contribute to increased knowledge about the interaction between actors with different forms of ownership in the innovation and restructuring process and how different institutions affect the efficiency of this process.

Project manager
Project participants
Pehr-Johan Norbäck, IFN

Joacim Tåg, IFN

Recent research shows that established companies are increasingly using acquisitions and collaborations with small innovative companies to gain access to new knowledge and new technologies. These companies are often financed at an initial stage by venture capital. Research also shows that private equity acquisitions, often with high leverage, are becoming increasingly important in the business sector's restructuring process. The policy debate increasingly discusses the importance of different types of owners in the structural change process and how it is affected by tax systems and financial markets.