This research has partly underscored the importance of both the interaction between entrepreneurs and venture capital firms in the growth phase of firms, and the interaction between private equity firms and established firms in the industrial development process.
But more research is needed to advance our knowledge. The first purpose of this conference is to contribute to the understanding of the determinants of entrepreneurship, the commercialization routes of innovations, and how financial agents such as venture capital firms help entrepreneurial ventures grow. The second purpose of the conference is to enhance our understanding of how change of control drives organizational change, employment growth, innovation incentives, and productivity in established firms.
Entrepreneurship, Firm Growth and Ownership Change
In the last decade we have observed an increased interest from scholars on how innovations are financed, developed, and commercialized, and on the effects of ownership changes on the reorganization and growth of established firms. On June 9 - 10, 2011, IFN arranged a workshop to discuss these matters.