Integration capacity and knowledge‐based acquisition performance

Bruce T. Lamont, David R. King, David J. Maslach, Manuel Schwerdtfeger, Janne Tienari

Research output: Contribution to journalArticleScientificpeer-review

11 Citations (Scopus)

Abstract

Even though knowledge-based acquisitions (KBAs) are common, their performance often lags expectations due to difficulties during integration. Building on Penrose’s foundational ideas that managers limit firm growth, we outline a theoretical model that explores how an acquirer’s integration capacity mediates the impact of acquirer and target characteristics (influenced by contextual conditions) on the performance of KBAs. Our theoretical model, based on research consistent with the resource-based view and resource orchestration, suggests the success of acquisitive growth rests on the quality and quantity of an acquirer’s managerial talent. This contributes to research by identifying conditions where acquisitions can provide a means of growth. Additionally, it provides managers a means to assess whether an identified target firm is within an acquirer’s integration capacity.
Original languageEnglish
Peer-reviewed scientific journalR & D Management
Volume49
Issue number1
Pages (from-to)103-114
Number of pages12
ISSN0033-6807
DOIs
Publication statusPublished - 02.09.2018
MoE publication typeA1 Journal article - refereed

Keywords

  • 512 Business and Management

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    Lamont, B. T., King, D. R., Maslach, D. J., Schwerdtfeger, M., & Tienari, J. (2018). Integration capacity and knowledge‐based acquisition performance. R & D Management, 49(1), 103-114. https://doi.org/10.1111/radm.12336