{"product_id":"entrepreneurial-dynamics-and-acquistions-of-new-technology-based-firms","title":"Entrepreneurial Dynamics and Acquistions of New Technology-Based Firms","description":"The aim of this thesis is to investigate the evolution of new technology-based firms\n(NTBFs) based on solid empirical material for the Swedish economy. The focus on this\nthesis is exploring the role of acquisition by incumbent firms in the evolution of NTBFs.\nThe findings of this thesis show that selection is a core feature in the evolution\nof NTBFs. NTBFs experience a high exit rate during the first years after entry, though\nthey exhibit a higher survival probability than other types of entrepreneurial firms in\ngeneral. Moreover, acquisition is an alternative but important selection mechanism\nfor start-ups, particularly for NTBFs. Through acquisition, acquirers select “quality”\nstart-ups in terms of technological capabilities and efficiency, especially when acquirers\nare from multinational enterprises (MNEs). In addition, acquired NTBFs experience\nan extensive internal selection and experimentation by acquirers within 4 years after\nacquisition. If acquired NTBFs survive the internal selection and experimentation process,\nthe growth of acquired NTBFs is likely to be promoted, but this pertains only to\nacquisition by Swedish MNEs.","brand":"Media-Tryck","offers":[{"title":"Default Title","offer_id":32427563909220,"sku":"9789187793080","price":31.95,"currency_code":"EUR","in_stock":true}],"url":"https:\/\/suomalainen-test.myshopify.com\/products\/entrepreneurial-dynamics-and-acquistions-of-new-technology-based-firms","provider":"Suomalainen Test","version":"1.0","type":"link"}