IDEAS home Printed from https://ideas.repec.org/a/dij/revfcs/v9y2006iq1p209-235.html
   My bibliography  Save this article

La gestion dynamique d’un processus d’innovation technologique dans le cadre d’une fusion

Author

Listed:
  • Olivier Meier

    (Université de Paris 12)

  • Audrey Missonier

    (Université de Nice Sophia-Antipolis)

Abstract

(VF)À partir du cas d’une fusion entre une grande entreprise et une start-up dans le secteur des TIC, cet article met en lumière de nouveaux éléments explicatifs de l’échec de la création d'innovation conjointe. Le choix du mode d’intégration visant à préserver les spécificités des entités et à maintenir un équilibre des pouvoirs a, paradoxalement, limité leurs capacités innovatrices (phase 1). Ceci les a conduit à recourir à une gestion rationnelle de l’intégration avec une reprise en main de l’acteur économique le plus fort (phase 2). Mais les résultats décevants en matière d’innovation ont finalement amené les dirigeants à opter pour un troisième modèle de type symbiotique (phase 3). (VA)This article explores the merger of a large company with a start-up of the information and communication technology sector in order to reach an explanation of the failure to create joint innovation. As we shall see, the choice of a mode of integration aiming at preserving specificities of the entities and at maintaining a balance of power, paradoxically, limited their innovating capacities (phase 1). This resulted in resorting to rational management of integration under the dominance of the most powerful economic actor (phase 2). But the disappointing results regarding innovation finally led the leaders to choose a third model of the symbiotic type (phase 3).

Suggested Citation

  • Olivier Meier & Audrey Missonier, 2006. "La gestion dynamique d’un processus d’innovation technologique dans le cadre d’une fusion," Revue Finance Contrôle Stratégie, revues.org, vol. 9(1), pages 209-235, March.
    • Handle: RePEc:dij:revfcs:v:9:y:2006:i:q1:p:209-235
    as

    Download full text from publisher

    File URL: https://repec-crego.u-bourgogne.fr/images/stories/rev/091235.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. James G. March, 1991. "Exploration and Exploitation in Organizational Learning," Organization Science, INFORMS, vol. 2(1), pages 71-87, February.
    2. Tailan Chi, 1994. "Trading in strategic resources: Necessary conditions, transaction cost problems, and choice of exchange structure," Strategic Management Journal, Wiley Blackwell, vol. 15(4), pages 271-290, May.
    3. Gautam Ahuja & Riitta Katila, 2001. "Technological acquisitions and the innovation performance of acquiring firms: a longitudinal study," Strategic Management Journal, Wiley Blackwell, vol. 22(3), pages 197-220, March.
    4. Cohen, Wesley M & Levinthal, Daniel A, 1989. "Innovation and Learning: The Two Faces of R&D," Economic Journal, Royal Economic Society, vol. 99(397), pages 569-596, September.
    5. Prashant Kale & Harbir Singh & Howard Perlmutter, 2000. "Learning and protection of proprietary assets in strategic alliances: building relational capital," Strategic Management Journal, Wiley Blackwell, vol. 21(3), pages 217-237, March.
    6. Andrew C. Inkpen & Adva Dinur, 1998. "Knowledge Management Processes and International Joint Ventures," Organization Science, INFORMS, vol. 9(4), pages 454-468, August.
    7. Granstrand, Ove & Sjölander, Sören, 1990. "The Acquisition of Technology and Small Firms by Large Firms," Working Paper Series 213, Research Institute of Industrial Economics.
    8. Henrik Bresman & Julian Birkinshaw & Robert Nobel, 1999. "Knowledge Transfer in International Acquisitions," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 30(3), pages 439-462, September.
    9. Akira Takeishi, 2001. "Bridging inter‐ and intra‐firm boundaries: management of supplier involvement in automobile product development," Strategic Management Journal, Wiley Blackwell, vol. 22(5), pages 403-433, May.
    10. Granstrand, Ove & Sjolander, Soren, 1990. "The acquisition of technology and small firms by large firms," Journal of Economic Behavior & Organization, Elsevier, vol. 13(3), pages 367-386, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mohamed-Larbi Aribou & Said Outmane, 2015. "Management des connaissances et réussite des fusions & acquisitions : approche par les normes," Post-Print hal-01354156, HAL.
    2. Mohamed-Larbi Aribou, 2017. "Fusions-acquisitions et création de valeur : Bilan des recherches et perspectives d'évolution," Post-Print hal-01468250, HAL.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Henri A. Schildt & Markku V.J. Maula & Thomas Keil, 2005. "Explorative and Exploitative Learning from External Corporate Ventures," Entrepreneurship Theory and Practice, , vol. 29(4), pages 493-515, July.
    2. Panayotis Dessyllas & Alan Hughes, 2005. "R&D and Patenting Activity and the Propensity to Acquire in High Technology Industries," Industrial Organization 0507008, University Library of Munich, Germany.
    3. Marcela Miozzo & Lori DiVito & Panos Desyllas, 2011. "Cross-border acquisitions of science-based firms: Their effect on innovation in the acquired firm and the local science," DRUID Working Papers 11-17, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    4. Seungho Choi & Gerry McNamara, 2018. "Repeating a familiar pattern in a new way: The effect of exploitation and exploration on knowledge leverage behaviors in technology acquisitions," Strategic Management Journal, Wiley Blackwell, vol. 39(2), pages 356-378, February.
    5. Brueller, Nir N. & Ellis, Shmuel & Segev, Eli & Carmeli, Abraham, 2015. "Knowing when to acquire: The case of multinational technology firms," International Business Review, Elsevier, vol. 24(1), pages 1-10.
    6. Burcharth, Ana Luiza Lara de Araújo & Lettl, Christopher & Ulhøi, John Parm, 2015. "Extending organizational antecedents of absorptive capacity: Organizational characteristics that encourage experimentation," Technological Forecasting and Social Change, Elsevier, vol. 90(PA), pages 269-284.
    7. Siachou, Evangelia & Vrontis, Demetris & Trichina, Eleni, 2021. "Can traditional organizations be digitally transformed by themselves? The moderating role of absorptive capacity and strategic interdependence," Journal of Business Research, Elsevier, vol. 124(C), pages 408-421.
    8. Samina Karim, 2009. "Business Unit Reorganization and Innovation in New Product Markets," Management Science, INFORMS, vol. 55(7), pages 1237-1254, July.
    9. David Benson & Rosemarie H. Ziedonis, 2009. "Corporate Venture Capital as a Window on New Technologies: Implications for the Performance of Corporate Investors When Acquiring Startups," Organization Science, INFORMS, vol. 20(2), pages 329-351, April.
    10. Marta F. Arroyabe & Katrin Hussinger & John Hagedoorn, 2020. "Hiring New Key Inventors to Improve Firms’ Post-M&A Inventive Output," DEM Discussion Paper Series 20-19, Department of Economics at the University of Luxembourg.
    11. Sears, Joshua B., 2018. "Post-acquisition integrative versus independent innovation: A story of dueling success factors," Research Policy, Elsevier, vol. 47(9), pages 1688-1699.
    12. Avimanyu Datta, 2016. "Evaluating The Antecedents Of Foundational Innovations: A Longitudinal Look At Patents From Information Technology Industry," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 20(01), pages 1-29, January.
    13. Wagner, Marcus, 2011. "To explore or to exploit? An empirical investigation of acquisitions by large incumbents," Research Policy, Elsevier, vol. 40(9), pages 1217-1225.
    14. Cassiman, Bruno & Colombo, Massimo G. & Garrone, Paola & Veugelers, Reinhilde, 2005. "The impact of M&A on the R&D process: An empirical analysis of the role of technological- and market-relatedness," Research Policy, Elsevier, vol. 34(2), pages 195-220, March.
    15. Erik Stam & Karl Wennberg, 2009. "The roles of R&D in new firm growth," Small Business Economics, Springer, vol. 33(1), pages 77-89, June.
    16. Sears, Joshua B. & Hitt, Michael A., 2023. "Post-acquisition integrative invention and differences in the quality of target and acquirer technological capabilities," Journal of Business Research, Elsevier, vol. 156(C).
    17. Torsten Gerpott, 2009. "Forschung & Entwicklung und technologieorientierte Unternehmensakquisitionen," Metrika: International Journal for Theoretical and Applied Statistics, Springer, vol. 20(1), pages 9-41, May.
    18. Duysters, Geert & Lokshin, Boris, 2007. "Determinants of alliance portfolio complexity and its effect on innovative performance of companies," MERIT Working Papers 2007-033, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    19. Yao, Zheng & Yang, Zhi & Fisher, Gregory J. & Ma, Chaoqun & (Er) Fang, Eric, 2013. "Knowledge complementarity, knowledge absorption effectiveness, and new product performance: The exploration of international joint ventures in China," International Business Review, Elsevier, vol. 22(1), pages 216-227.
    20. Peeters, T.J.G., 2013. "External knowledge search and use in new product development," Other publications TiSEM 300ebb34-b090-4210-b95e-f, Tilburg University, School of Economics and Management.

    More about this item

    Keywords

    fusion; TIC; processus d’intégration; transfert de compétences; innovation; technologiques; préservation; symbiose; stratégie; merger; information and communication technology; process of integration; transfer of competences; technological innovations; preservation; symbiosis.;
    All these keywords.

    JEL classification:

    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dij:revfcs:v:9:y:2006:i:q1:p:209-235. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Informatique Technique MSH Dijon (email available below). General contact details of provider: http://www.revues.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.