Cultural differences and capability transfer in cross-border acquisitions:: the mediating roles of capability complementarity, absorptive capacity, and social integration

• 成果类型: Review
• 署名作者: Bjorkman, Ingmar; Stahl, Gunter K.; Vaara, Eero
• 署名单位: INSEAD Business School; emlyon business school; INSEAD Business School
• 刊物名称: JOURNAL OF INTERNATIONAL BUSINESS STUDIES
• ISSN/ISSBN: 0047-2506
• DOI: 10.1057/palgrave.jibs.8400287
• 发表日期: 2007
• 页码: 658-672
• 关键词: Cross-border acquisitions; cultural differences; capability transfer

摘要

This paper presents an integrative model of the impact of cultural differences on capability transfer in cross-border acquisitions. We propose that cultural differences affect the post- acquisition capability transfer through their impact on social integration, potential absorptive capacity, and capability complementarity. Two dynamic variables - the use of social integration mechanisms, and the degree of operational integration of the acquired unit - are proposed to moderate the effects of cultural differences on social integration and potential absorptive capacity. The implications for acquisition research and practice are discussed.