Private equity and innovation : assessing the impact of private equity investments on Scandinavian portfolio companies

dc.contributor.advisor	Santo, Francisco
dc.contributor.author	Sæby, Patrick Telle
dc.contributor.author	Sætre, Morten
dc.date.accessioned	2016-09-15T07:58:26Z
dc.date.available	2016-09-15T07:58:26Z
dc.date.issued	2016
dc.identifier.uri	http://hdl.handle.net/11250/2407436
dc.description.abstract	We investigate the impact private equity disbursements have on innovation in Scandinavia, using an empirical methodology developed by Kortum and Lerner (2000). Our sample consists of PE disbursements, R&D expenditures and granted patents in Norway, Sweden and Denmark from 1997-2009. Private equity accounted for 12% of patents granted in Scandinavia, while the ratio of private equity to R&D was above 20%. Our findings are contradictory to previous empirical studies and imply that private equity was less potent than R&D in creating innovation from 1997-2009.	nb_NO
dc.language.iso	eng	nb_NO
dc.subject	finance	nb_NO
dc.title	Private equity and innovation : assessing the impact of private equity investments on Scandinavian portfolio companies	nb_NO
dc.type	Master thesis	nb_NO
dc.description.localcode	nhhmas	nb_NO