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Voltage controlled oscillators are commonly realized using varactor diodes in order to tune the resonator frequency. The drawback in practical implementation is the relatively high cost of the diodes, and the large space required for the inductors. Replacing the inductors by active tunable inductors would solve these issues and open a path for cost-effective small integrated oscillator designs. In the past, active-inductor approaches were not competitive due to the high phase noise inherent to the active inductor. This work investigates active inductor oscillators, and presents a novel approach that yields low phase-noise VCOs. The theoretical investigations are verified by measurements of demonstrator circuits.