Network imitation to deal with socio-cultural dilemmas in acquisitions of young, innovative firms
Författare
Summary, in English
This article expands current acquisition literature to include sociocultural challenges on inter-organizational levels following acquisitions of young, innovative firms. Socioculture here denotes network parties' shared values, belief systems, and practices. Three acquisitions illustrate their consequences. The young, innovative firms and their acquirers are part of different networks, have dissimilar motives for pursuing business, and work within different time frames. To potentially improve knowledge transfer and integration, the acquirer can learn from the innovative firm's network interactions; choose targets among its own network parties; organize its governance into a separate business unit; practice reverse value integration from the acquired party; and carefully promote practices that foster innovativeness. The article contributes to research on acquisitions of young, innovative firms through pointing to how values and practices are interlinked in networks, and how the imitation of the acquired party's network interaction may help to sustain its innovativeness and transfer knowledge between the acquirer and acquired party. © 2013 Wiley Periodicals, Inc.
Avdelning/ar
Publiceringsår
2013
Språk
Engelska
Sidor
387-403
Publikation/Tidskrift/Serie
Thunderbird International Busieness Review
Volym
55
Issue
4
Dokumenttyp
Artikel i tidskrift
Förlag
John Wiley & Sons Inc.
Ämne
- Business Administration
Status
Published
ISBN/ISSN/Övrigt
- ISSN: 1520-6874