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Mergers and acquisitions in the coming-to-age phase of the Swedish ICT services industry
KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.), Entrepreneurship and innovation. KTH, School of Industrial Engineering and Management (ITM), Centres, Centre of Excellence for Science and Innovation Studies, CESIS.ORCID iD: 0000-0003-0820-2769
2015 (English)In: Small and beautiful: The ICT success of Finland and Sweden / [ed] E. Giertz, A. Rickne & P. Rouvinen, VINNOVA , 2015, 147-155 p.Chapter in book (Other (popular science, discussion, etc.))
Abstract [en]

Industrial consolidation through mergers and acquisitions has been important for development of the IT sector. M&As constituted a force of creative destruction parallel to the mechanism of exit through bankruptcy. Drawing on new empiricalevidence, we argue that M&As also provided new impulses and opportunities for entrepreneurship and stimulated between-firm job mobility of key persons in the sector. We conclude that the intensive M&A-activity of the period contributed to renewal and growth of the ICT software and services industry at large, but did not lead to the creation of new Swedish-based multinationals in the sector.

Place, publisher, year, edition, pages
VINNOVA , 2015. 147-155 p.
National Category
Economics
Identifiers
URN: urn:nbn:se:kth:diva-178417ISBN: 9789187537332 (print)OAI: oai:DiVA.org:kth-178417DiVA: diva2:877776
Note

QC 20151215

Available from: 2015-12-07 Created: 2015-12-07 Last updated: 2015-12-15Bibliographically approved

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Broström, Anders

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