• norsk
    • English
  • norsk 
    • norsk
    • English
  • Logg inn
Vis innførsel 
  •   Hjem
  • Norges Handelshøyskole
  • Thesis
  • Master Thesis
  • Vis innførsel
  •   Hjem
  • Norges Handelshøyskole
  • Thesis
  • Master Thesis
  • Vis innførsel
JavaScript is disabled for your browser. Some features of this site may not work without it.

Major Layoffs’ impact on venture capital activity : a study on how Ericsson and Nokia’s layoffs affected the Nordic venture capital activity

Kolbeinsen, Gard Elias; Willassen, Frederic Fjogstad
Master thesis
Thumbnail
Åpne
masterthesis.pdf (483.4Kb)
Permanent lenke
http://hdl.handle.net/11250/2383336
Utgivelsesdato
2015
Metadata
Vis full innførsel
Samlinger
  • Master Thesis [3749]
Sammendrag
This paper investigates the relationship between company-related shocks and the Nordic private

equity and venture capital industry. We investigate the consequences from Ericsson and Nokia’s

major layoffs in 2002 and 2012 and present some extraordinary and very interesting results.

Several different analyses have been conducted, both at an aggregated level and at deeper levels.

This includes a thorough investigation of the amounts invested and number of companies invested

in after the shocks. We use Sweden, Finland, Denmark and Norway as the targeted countries of

interest, giving the analysis credibility in respect of a shock’s impact in the Nordics. Among other

findings, we present results that indicate that the number of companies invested in, in the hightech

sector, increased in both Sweden and Finland, compared to Denmark after such a shock. They

also suggest that the increase in the number of companies invested in was larger in the high-tech

sector compared to other sectors. This also indicates that a major layoff in a specific industry will

boost the start-up activity within the same industry. In addition, there appears to be an unchanged

risk aversion among investors, as the invested amount appearsto be unaffected after a major layoff.

These results can give an interpretation that the number of companies invested in could increase

in Norway after the nation’s current difficulties. With the results presented, we expect that the

number of companies invested in, in energy-related industries, will be greater in Norway compared

to other Nordic countries.

Kontakt oss | Gi tilbakemelding

Personvernerklæring
DSpace software copyright © 2002-2019  DuraSpace

Levert av  Unit
 

 

Bla i

Hele arkivetDelarkiv og samlingerUtgivelsesdatoForfattereTitlerEmneordDokumenttyperTidsskrifterDenne samlingenUtgivelsesdatoForfattereTitlerEmneordDokumenttyperTidsskrifter

Min side

Logg inn

Statistikk

Besøksstatistikk

Kontakt oss | Gi tilbakemelding

Personvernerklæring
DSpace software copyright © 2002-2019  DuraSpace

Levert av  Unit