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Working Paper No. 213

The Acquisition of Technology and Small Firms by Large Firms

Working Paper
Referens
Granstrand, Ove och Sören Sjölander (1990). ”The Acquisition of Technology and Small Firms by Large Firms”. IFN Working Paper nr 213. Stockholm: Institutet för Näringslivsforskning.

Författare
Ove Granstrand, Sören Sjölander

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.