Firm rebirth: Buyouts as facilitators of strategic growth and entrepreneurship

By Mike Wright, R. Hoskisson, Lowell W. Busenitz. 2001

206 citations recorded by the source corpus.

Subfields: Accounting, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/59f3183273a6be3578378a066b4740c9bcec8b65

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In Management of Technology and Innovation

Citations in the corpus

Interest alignment and competitive advantage (2007, background): “No longer constrained by corporate bureaucracy and reporting structures, these managers enjoy a much greater level of task identity, relevance and autonomy, as many buyout associations reduce their interference with the day-to-day operational issues of individual business units to a minimum, provide”
Inside the high-tech black box: A critique of technology entrepreneurship policy (2014, background): “For example, management buyouts of existing companies, or parts of existing companies, are important sources of new fast growing businesses (Wright et al., 2001; Mason and Brown, 2010).”
The geography of venture capital investments in the UK (2002, background): “for Management Buyout Research (University of Nottingham) notes that the rationale for MBOs has shifted from cost reduction and strategic reorientation in mature sectors to creating value in technology sectors through product development and innovation (Robbie et al. 1999; Wright et al. 2001).”
Myth-busting and entrepreneurship policy: the case of high growth firms (2017, background): “Research shows that MBOs, MBIs and employee-buy outs often result in an existing business being reconfigured, which provides a fresh impetus to the ‘reborn’ business entity (Wright et al. 2001).”
Corporate Governance and Innovation: A Survey (2012, unknown): “Similarly, Wright et al. (2001) propose an efficiency approach and argue that buyouts can create entrepreneurial opportunities leading to increased R&D activity and patenting.”
The Wage and Employment Effects of Leveraged Buyouts in the UK (2007, background): “LBOs provide managers with the discretion to decide what is best for the business, how to organise the company, and what business plans to pursue in order to maximise profits (Wright et al., 2001).”
Agency, Strategic Entrepreneurship, and the Performance of Private Equity–Backed Buyouts (2009, unknown): “Limited growth opportunities may be available after the buyout where the private owners had become risk-averse in an effort to preserve the wealth they ave created, assuming that the second tier management taking over are able to identify and implement such opportunities(Wright et al., 2001b).”