Acquisition and Growth of Technology-Based Firms
Lindholm Dahlstrand, Åsa LU
(1996)
In ESRC Centre for Business Research, University of Cambridge
- Abstract
- This study reports the results of an empirical analysis of acquisitions and growth of small technology-based firms. Three issues are focused upon: (1) the importance of technology-based acquisitions among large Swedish companies; (2) the growth patterns of acquired and non-acquired small technology-based firms (STBFs);and (3) factors explaining the growth among STBFs. The results indicate that technology-based acquisitions are increasingly important for the sourcing of technology among large Swedish manufacturing companies. For the STBFs, growth was found to be higher among the acquired firms than among the non-acquired firms, both before and after the acquisition. In a regression, an acquisition was found to positively influence growth.... (More)
- This study reports the results of an empirical analysis of acquisitions and growth of small technology-based firms. Three issues are focused upon: (1) the importance of technology-based acquisitions among large Swedish companies; (2) the growth patterns of acquired and non-acquired small technology-based firms (STBFs);and (3) factors explaining the growth among STBFs. The results indicate that technology-based acquisitions are increasingly important for the sourcing of technology among large Swedish manufacturing companies. For the STBFs, growth was found to be higher among the acquired firms than among the non-acquired firms, both before and after the acquisition. In a regression, an acquisition was found to positively influence growth. Finally, among explanatory factors critical for post-acquisition growth are the fulfillment of the buyers' and sellers' motives along with the realization of technological synergies. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/41f3770b-d5ae-4bdc-9e8d-c86ee2f12895
- author
- Lindholm Dahlstrand, Åsa
LU
- organization
- publishing date
- 1996
- type
- Working paper/Preprint
- publication status
- published
- subject
- in
- ESRC Centre for Business Research, University of Cambridge
- issue
- 47
- pages
- 45 pages
- publisher
- ESRC Centre for Business Research, University of Cambridge
- language
- English
- LU publication?
- yes
- id
- 41f3770b-d5ae-4bdc-9e8d-c86ee2f12895
- date added to LUP
- 2019-05-11 15:47:10
- date last changed
- 2019-11-12 02:20:06
@misc{41f3770b-d5ae-4bdc-9e8d-c86ee2f12895,
abstract = {{This study reports the results of an empirical analysis of acquisitions and growth of small technology-based firms. Three issues are focused upon: (1) the importance of technology-based acquisitions among large Swedish companies; (2) the growth patterns of acquired and non-acquired small technology-based firms (STBFs);and (3) factors explaining the growth among STBFs. The results indicate that technology-based acquisitions are increasingly important for the sourcing of technology among large Swedish manufacturing companies. For the STBFs, growth was found to be higher among the acquired firms than among the non-acquired firms, both before and after the acquisition. In a regression, an acquisition was found to positively influence growth. Finally, among explanatory factors critical for post-acquisition growth are the fulfillment of the buyers' and sellers' motives along with the realization of technological synergies.}},
author = {{Lindholm Dahlstrand, Åsa}},
language = {{eng}},
note = {{Working Paper}},
number = {{47}},
publisher = {{ESRC Centre for Business Research, University of Cambridge}},
series = {{ESRC Centre for Business Research, University of Cambridge}},
title = {{Acquisition and Growth of Technology-Based Firms}},
year = {{1996}},
}