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Acquiring New Technologies and Capabilities: A Grounded Model of Acquisition Implementation

Author

Listed:
  • Annette L. Ranft

    (Calloway School of Business and Accounting, Wake Forest University, P.O. Box 7285 Reynolda Station, Winston-Salem, North Carolina 27109-7285)

  • Michael D. Lord

    (Babcock Graduate School of Management, Wake Forest University, P.O. Box 7659, Winston-Salem, North Carolina 27109-7659)

Abstract

In this study, we explore seven in-depth cases of high-technology acquisitions and develop an empirically grounded model of technology and capability transfer during acquisition implementation. We assess how the nature of the acquired firms' knowledge-based resources, as well as multiple dimensions of acquisition implementation, have both independent and interactive effects on the successful appropriation of technologies and capabilities by the acquirer. Our inquiry contributes to the growing body of research examining the transfer of knowledge both between and within organizations. Propositions are developed to help guide further inquiry into the dynamics of acquisition implementation processes in general and, more specifically, the process of acquiring new technologies and capabilities from other firms.

Suggested Citation

  • Annette L. Ranft & Michael D. Lord, 2002. "Acquiring New Technologies and Capabilities: A Grounded Model of Acquisition Implementation," Organization Science, INFORMS, vol. 13(4), pages 420-441, August.
  • Handle: RePEc:inm:ororsc:v:13:y:2002:i:4:p:420-441
    DOI: 10.1287/orsc.13.4.420.2952
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    References listed on IDEAS

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