2009 – Ownership, Organization and Industrial Development

Program

The Economics of Ownership,

Organization and Industrial Development

 

Updated September 9, 2009

The presenter is in bold. Each presentation should take 30 minutes, the discussant may use 5 minutes and 5 minutes are devoted to general discussion. Papers are available for download below the program (at the bottom of the page).

 

 

--- Wednesday September 9 --- 

 

19.00 Pre Conference Dinner, Waxholm's Hotel, for conference participants arriving on Wednesday 

 

--- Thursday September 10 --- 

 

08.45–09.00

Registration

09.00–09.10

Welcome address

 

Session I

Chair: Joacim Tåg

09.10–09.50

Lars Persson – IFN
Entrepreneurial Innovations, Entrepreneurship Policy and Globalization (with Robin Douhan and Pehr-Johan Norbäck)
Discussant: Vojislav Maksimovic

9.50–10.30

Per Strömberg – Stockholm School of Economics and SIFR
Leverage and Pricing in Buyouts: An Empirical Analysis (with Ulf Axelson, Tim Jenkinson and Michael S. Weisbach)
Discussant: Douglas Cumming

10.30–11.00

Coffee

11.00–11.40

KEYNOTE: Oliver Hart – Harvard University
A Theory of Firm Scope (with Bengt Holmström)
Remarks: Joacim Tåg

11.40–12.20

Magnus Henrekson – IFN
Entrepreneurship and Public Policy (with Mikael Stenkula)
Discussant: Christian Keuschnigg

12.20–13.50

Lunch

Session II

Chair: Martin Olsson

12.50–14.30

Andrew Newman – Boston University
A Price Theory of Vertical and Lateral Integration (with Patrick Legros)
Discussant: Thomas Tangerås

14.30–15.10

Florian Ederer – UCLA Anderson School of Management
Is Pay-for-Performance Detrimental to Innovation? (with Gustavo Manso)
Discussant: Sven-Olof Fridolfsson

15.10–15.40

Coffee  

15.40–16.20

Rune Stenbacka – Hanken School of Economics
Efficient Organization of Outsourcing: Nested versus Horizontal (with Oz Shy)
Discussant: Erika Färnstrand Damsgaard

16.20–17.00

Joacim Tåg - IFN
Buying to Sell: A Theory of Private Equity (with Pehr-Johan Norbäck and Lars Persson)
Discussant: Florian Ederer

18.45–22.00 Boat trip with dinner

 

--- Friday September 11 --- 

 

   

Session III

Chair: Pehr-Johan Norbäck 

09.00–09.40

Douglas Cumming – York University/Schulich School of Business
Public Policy and Business Creation in the United States (with Dan Li)
Discussant: Katrin Hussinger

9.40–10.20

Katrin Hussinger – Maastricht University and ZEW
The Contribution of Corporate Venturing to Radical Innovation (with Dirk Czarnitzki and Johannes Dick)
Discussant: Kevin Amess

10.20–10.50

Coffee – Remember to check out 

10.50–11.30

Vojislav Maksimovic – University of Maryland/Robert H. Smith School of Business
Public and Private Merger Waves (with Gordon Phillips and Liu Yang)
Discussant: Roger Svensson

11.30–12.10

Yongwook Paik – USC - Marshall School of Business
Serial Entrepreneurs and Venture Performance: Evidence from U.S. Venture-Capital-Financed Semiconductor Firms
Discussant: Daniel Hedblom

12.10–13.40

Lunch

Session IV

Chair: Erika Färnstrand Damsgaard

13.40–14.20

Kevin Amess – Nottingham University Business School
What are the Wage and Employment Consequences of Leveraged Buyouts, Private Equity and Acquisitions in the UK? (with Sourafel Girma and Mike Wright)
Discussant: Martin Olsson

14.20–15.00

Christian Keuschnigg – University of St. Gallen
Profit Taxation and Finance Constraints (with Evelyn Ribi)
Discussant: Mikael Stenkula

15.00–15.30

Coffee

15.30–15.40

Summing up and closing of the conference


 

 

Leading Research Environment

IFN at the top

 

Illustration puff sid 1

 

The Research Institute of Industrial Economics, IFN, is a private and independent foundation devoted to pursuing highly relevant research for trade and industry.

The researchers at IFN are united in their belief that economic methods offer a powerful tool for understanding society.

The main research programs are:

  1. economics of entrepreneurship
  2. globalization and corporate restructuring
  3. economics of the service sector
  4. economics of the electricity markets
  5. economics of institutions and culture.

Research Institute of Industrial Economics, Grevgatan 34 - 2 fl, Box 55665, SE-102 15 Stockholm, Sweden | Phone: +46-(0)8-665 45 00 | info@ifn.se