Contextualizing deliberate learning from acquisitions: The role of organizational and target contexts

Andreas Strobl, Florian Bauer and Daniel Degischer

Journal of Business Research, 2022, vol. 139, issue C, 194-207

Abstract: Organizational and target contexts are antecedents of deliberate learning from mergers and acquisitions. We consider strategic orientations (market vs. entrepreneurial orientation) of firms as important organizational contexts driving knowledge codification behavior. Further, we argue that the target context (“in the market” vs. “out of the market”) is an important contingency factor in this relationship. The hypotheses of this study are tested using survey data from 115 acquirers in manufacturing industries from Austria, Germany, and Switzerland. The results provide insights into organizational learning mechanisms from previous acquisition activities. Entrepreneurial and market-oriented firms differ concerning their codification behavior. Market-oriented firms generally engage more in knowledge codification. Further, while market-oriented acquirers focus on knowledge codification from similar contexts (“in the market” targets), entrepreneurial-oriented acquirers focus on knowledge codification from heterogeneous contexts (“out of the market” targets). The results are discussed in-depth and theoretical and managerial implications are derived.

Keywords: Acquisition experience; Deliberate learning; Knowledge codification; Entrepreneurial orientation; Market orientation; M&A (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0148296321006949
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:139:y:2022:i:c:p:194-207

DOI: 10.1016/j.jbusres.2021.09.043

Access Statistics for this article

Journal of Business Research is currently edited by A. G. Woodside

More articles in Journal of Business Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().