Opening the grey box: Social communities, knowledge and culture in acquisitions
AbstractInternational acquisitions are today the most important foreign direct investment vehicle, and the ensuing integration processes are notoriously fraught with problems. We situate, discuss, and develop the main results of an early study in the knowledge-based view tradition – the award-winning Bresman, Birkinshaw, and Nobel (1999) article. To enhance and develop the central contributions regarding social communities, knowledge, and culture, we use the metaphor of unpacking the “grey box”. We argue that heavy socialization is a rational learning strategy, even if the acquirer aims at appropriating the target's technology or wishes to impose its dominant logic.
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Bibliographic InfoArticle provided by Palgrave Macmillan in its journal Journal of International Business Studies.
Volume (Year): 41 (2010)
Issue (Month): 1 (January)
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- Yildiz, H. Emre, 2014. "Not All Differences Are the Same: Dual Roles of Status and Cultural Distance in Sociocultural Integration in Cross-border M&As," Journal of International Management, Elsevier, Elsevier, vol. 20(1), pages 25-37.
- Blomkvist, Katarina & Kappen, Philip & Zander, Ivo, 2014. "Superstar inventors—Towards a people-centric perspective on the geography of technological renewal in the multinational corporation," Research Policy, Elsevier, Elsevier, vol. 43(4), pages 669-682.
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