Data di Pubblicazione:
2015
Citazione:
Knowledge utilisation drivers in technological M&As / L. Orsi, A. Ganzaroli, I. De Noni, F. Marelli. - In: TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT. - ISSN 0953-7325. - 27:8(2015 Sep 14), pp. 877-894.
Abstract:
Several contributions look at the effect of technological M&As on the acquirer's technological performance. The knowledge-based perspective highlights the critical role that the acquirer's target's knowledge absorption plays as the main driver in enhancing post-M&A technological performance. However, absorptive capacity is a rather complex construct, which includes assimilation, utilisation and transformation of the acquired knowledge. In this paper, we focus on knowledge utilisation and investigate two factors whose effects on post-M&A technological performance have been extensively highlighted: technological relatedness and managerial experience. We contribute to the existing literature with a better understanding of the factors underlying the utilisation of the knowledge acquired in M&As. This should help managers to enhance their capacity to manage integration process post-M&As. Our results are based on a cross-sectional data set of 152 biopharmaceutical acquirers that completed at least one M&A between 2001 and 2005.
Tipologia IRIS:
01 - Articolo su periodico
Keywords:
alliance experience; M&A experience; mergers and acquisitions; technological relatedness; Management Science and Operations Research; Strategy and Management1409 Tourism, Leisure and Hospitality Management
Elenco autori:
L. Orsi, A. Ganzaroli, I. De Noni, F. Marelli
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