Key factors affecting acquisition of technological capabilities from foreign acquiring firms by small and medium sized local firms
The objectives of this study are to investigate whether foreign acquiring firms contribute towards enhancing technological capabilities of local firms in foreign markets. Given that drivers promoting technology acquisition from acquiring firms have been largely neglected in the literature, we attempt to identify the key factors influencing this phenomenon. Secondly, although several studies have discussed knowledge exchange through international acquisitions (IAs), little attention has been given to small and medium sized local acquired firms (SMLFs). By using three dimensions of organizational characteristics based on absorptive capacity, our empirical evidence reveals three key findings. First, to develop an effective absorptive capacity, mere exposure to favorable learning environments is not sufficient, and that intensity of effort is a critical component functioning as a facilitator towards the extent of learning. Second, what is already known can be improved when partners share similar business background. This is because the possession of relevant knowledge based on business relatedness increases the boundary of curriculum in organizations. Third, collaborative support from knowledge transferors is a significant catalyst generating a specific learning capability.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 46 (2011)
Issue (Month): 1 (January)
|Contact details of provider:|| Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/620401/description#description|
|Order Information:|| Postal: http://www.elsevier.com/wps/find/journaldescription.cws_home/620401/bibliographic|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Newburry, William & Zeira, Yoram, 1997. "Generic differences between equity international joint ventures (EIJVs), international acquisitions (IAs) and international greenfield investments (IGIs): Implications for parent companies," Journal of World Business, Elsevier, vol. 32(2), pages 87-102, July.
- Alessandro Muscio, 2007. "THE IMPACT OF ABSORPTIVE CAPACITY ON SMEs' COLLABORATION," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 16(8), pages 653-668.
- Boersma, Margreet F. & Buckley, Peter J. & Ghauri, Pervez N., 2003. "Trust in international joint venture relationships," Journal of Business Research, Elsevier, vol. 56(12), pages 1031-1042, December.
- Thuc Anh, Phan Thi & Christopher Baughn, C. & Minh Hang, Ngo Thi & Neupert, Kent E., 2006. "Knowledge acquisition from foreign parents in international joint ventures: An empirical study in Vietnam," International Business Review, Elsevier, vol. 15(5), pages 463-487, October.
- Kim, Kwanghyun & Slocum Jr., John W., 2008. "Individual differences and expatriate assignment effectiveness: The case of U.S.-based Korean expatriates," Journal of World Business, Elsevier, vol. 43(1), pages 109-126, January.
- John Child & Yanni Yan, 2003. "Predicting the Performance of International Joint Ventures: An Investigation in China," Journal of Management Studies, Wiley Blackwell, vol. 40(2), pages 283-320, 03.
- Andrew C. Inkpen & Wang Pien, 2006. "An Examination of Collaboration and Knowledge Transfer: China-Singapore Suzhou Industrial Park," Journal of Management Studies, Wiley Blackwell, vol. 43(4), pages 779-811, 06.
- Henrik Bresman & Julian Birkinshaw & Robert Nobel, 1999. "Knowledge Transfer in International Acquisitions," Journal of International Business Studies, Palgrave Macmillan, vol. 30(3), pages 439-462, September.
- Byung Park, 2010. "What matters to managerial knowledge acquisition in international joint ventures? High knowledge acquirers versus low knowledge acquirers," Asia Pacific Journal of Management, Springer, vol. 27(1), pages 55-79, March.
- Daniels, Peter L., 1996. "Technology investment and growth in economic welfare," World Development, Elsevier, vol. 24(7), pages 1243-1266, July.
- Ivarsson, Inge & Vahlne, Jan-Erik, 2002. "Technology integration through international acquisitions: the case of foreign manufacturing TNCs in Sweden," Scandinavian Journal of Management, Elsevier, vol. 18(1), pages 1-27, March.
- Marjorie A Lyles & Jane E Salk, 1996. "Knowledge Acquisition from Foreign Parents in International Joint Ventures: An Empirical Examination in the Hungarian Context," Journal of International Business Studies, Palgrave Macmillan, vol. 27(4), pages 877-903, December.
- Vishwasrao, Sharmila & Bosshardt, William, 2001. "Foreign ownership and technology adoption: evidence from Indian firms," Journal of Development Economics, Elsevier, vol. 65(2), pages 367-387, August.
- Marjorie A Lyles & Jane E Salk, 1996. "Knowledge Acquisition from Foreign Parents in International Joint Ventures: An Empirical Examination in the Hungarian Context," Journal of International Business Studies, Palgrave Macmillan, vol. 27(5), pages 877-903, December.
- Jean-Fran�ois Hennart & Jorma Larimo, 1998. "The Impact of Culture on the Strategy of Multinational Enterprises: Does National Origin Affect Ownership Decisions?," Journal of International Business Studies, Palgrave Macmillan, vol. 29(3), pages 515-538, September.
- Very, Philippe & Schweiger, David M., 2001. "The acquisition process as a learning process: Evidence from a study of critical problems and solutions in domestic and cross-border deals," Journal of World Business, Elsevier, vol. 36(1), pages 11-31, April.
- Almeida, Paul & Dokko, Gina & Rosenkopf, Lori, 2003. "Startup size and the mechanisms of external learning: increasing opportunity and decreasing ability?," Research Policy, Elsevier, vol. 32(2), pages 301-315, February.
- D Minbaeva & T Pedersen & I Bj�rkman & C F Fey & H J Park, 2003. "MNC knowledge transfer, subsidiary absorptive capacity, and HRM," Journal of International Business Studies, Palgrave Macmillan, vol. 34(6), pages 586-599, November.
- Chen, Shih-Fen S. & Hennart, Jean-Francois, 2004. "A hostage theory of joint ventures: why do Japanese investors choose partial over full acquisitions to enter the United States?," Journal of Business Research, Elsevier, vol. 57(10), pages 1126-1134, October.
- Georgopoulos, Antonios & Preusse, Heinz Gert, 2009. "Cross-border acquisitions vs. Greenfield investment: A comparative performance analysis in Greece," International Business Review, Elsevier, vol. 18(6), pages 592-605, December.
- Pak, Yong Suhk & Ra, Wonchan & Park, Young-Ryeol, 2009. "Understanding IJV performance in a learning and conflict mediated context," International Business Review, Elsevier, vol. 18(5), pages 470-480, October.
When requesting a correction, please mention this item's handle: RePEc:eee:worbus:v:46:y:2011:i:1:p:116-125. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.