Do Small Firm Leveraged Buyouts Add Value to the U.S. Economy? Available to Purchase

Following a discussion of the theory of entrepreneurship, this article explains why small firm leveraged buyouts are likely to produce more innovative, efficient, and profitable organizations than those which existed prior to the change in ownership. The article concludes that, unlike the recent hostile acquisitions of publicly traded corporations,small firm leveraged buyouts add value to the U.S. economy and should be recognized as healthy entrepreneurial activity.