Integration Capacity and Knowledge‐Based Acquisition Performance

12 Pages Posted: 28 Jan 2019

See all articles by Bruce Lamont

Bruce Lamont

Florida State University - Department of Management

David R. King

U.S. Air Force Academy - Department of Mangement

David Maslach

University of Western Ontario - Richard Ivey School of Business

Manuel Schwerdtfeger

Florida State University - College of Business

Janne Tienari

Lappeenranta University of Technology (LUT)

Date Written: January 2019

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.

Suggested Citation

Lamont, Bruce and King, David R. and Maslach, David and Schwerdtfeger, Manuel and Tienari, Janne, Integration Capacity and Knowledge‐Based Acquisition Performance (January 2019). R&D Management, Vol. 49, Issue 1, pp. 103-114, 2019, Available at SSRN: https://ssrn.com/abstract=3322773 or http://dx.doi.org/10.1111/radm.12336

Bruce Lamont (Contact Author)

Florida State University - Department of Management ( email )

United States

David R. King

U.S. Air Force Academy - Department of Mangement ( email )

2354 Fairchild Drive
Suite 6H-94
Academy, CO 80840-2944
United States

David Maslach

University of Western Ontario - Richard Ivey School of Business ( email )

1151 Richmond Street North
London, Ontario N6A 3K7
Canada

Manuel Schwerdtfeger

Florida State University - College of Business ( email )

423 Rovetta Business Building
Tallahassee, FL 32306-1110
United States

Janne Tienari

Lappeenranta University of Technology (LUT) ( email )

Lappeenranta
Finland

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