Nadolska, Anna and Barkema, Harry G. (2007) Learning to internationalise: the pace and success of foreign acquisitions. Journal of international business studies, 38 (7). pp. 1170-1186. ISSN 0047-2506
Abstract
We argue that firms engaged in international acquisitions can benefit from foreign acquisition, domestic acquisition, and international joint venture experiences, but that their learning process is prone to biases. Only once companies learn what part of their knowledge about national cultures and entry modes can successfully be applied to new settings will they become truly successful abroad, in terms of both the rate and the frequency of their foreign acquisitions. The hypotheses were tested using negative binomial regression and hazard rate models on data on 1038 foreign acquisitions of 25 firms over a period of more than three decades.
| Item Type: | Article |
|---|---|
| Official URL: | http://www.palgrave-journals.com/jibs/index.html |
| Additional Information: | © 2007 Palgrave Macmillan |
| Uncontrolled Keywords: | foreign acquisitions, learning from experience, performance |
| Library of Congress subject classification: | H Social Sciences > H Social Sciences (General) H Social Sciences > HC Economic History and Conditions H Social Sciences > HF Commerce |
| Journal of Economic Literature Classification System: | G - Financial Economics > G3 - Corporate Finance and Governance > G34 - Mergers; Acquisitions; Restructuring; Corporate Governance |
| Sets: | Departments > Management Collections > Economists Online |
| Rights: | http://www.lse.ac.uk/library/rights/LSERO.htm |
| URL: | http://eprints.lse.ac.uk/38104/ |
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