Erika Färnstrand Damsgaard och Joacim Tåg
Empirical studies show that established firms often obtain new technologies by acquiring small entrepreneurial firms, which are often financed with risk capital. Further, we observe that new firm strategies and new technologies are often introduced on the market by new entrepreneurial firms, and that these new strategies and technologies are then be picked up by established firms. An example of this is the entry of Ryan Air on the European airline market. The aim of this research program is to increase our understanding for how the interaction among firms with different types of ownership takes place on the innovation market and how regulations, such as competition laws and systems for corporate taxation, affect this process.