Mergers and acquisitions in the coming-to-age phase of the Swedish ICT services industry
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.))
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.
IdentifiersURN: urn:nbn:se:kth:diva-178417ISBN: 9789187537332OAI: oai:DiVA.org:kth-178417DiVA: diva2:877776
QC 201512152015-12-072015-12-072015-12-15Bibliographically approved