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The role of private equity: from focus on the product to focus on value creation

Solvang, Bernt Krohn; Berg-Utby, Terje
Journal article, Peer reviewed
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URI
http://hdl.handle.net/11250/136661
Date
2009
Metadata
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  • Scientific Publications in Working Life and Innovation [44]
Original version
Solvang, B. K., & Berg-Utby, T. (2009). The role of private equity: from focus on the product to focus on value creation. International Journal of Entrepreneurship and Innovation Management 9(3), 229-241. doi: 10.1504/IJEIM.2009.025141  
Abstract
As a consequence of the paradigm shift from an industrial society

to an information society, the role of the entrepreneur ought to change from

being an inventor of product/services to become a value creator. Hence,

the focus of entrepreneurial ventures should be shifting towards creating viable

business models rather than superior product/services. One major implication

of the shift of entrepreneurial endeavour from product/services towards

creating new business models is that hands on investors behind companies’

have to be involved closer to the inception of new ventures in order to

contribute to their portfolio companies.
Description
Orginal article published by InderScience publishers. Avaialble from: http://dx.doi.org/10.1504/IJEIM.2009.025141
Publisher
Inderscience Publishers
Journal
International Journal of Entrepreneurship and Innovation Management

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