Publication

Transitional governance in external technology sourcing trajectories: connecting pre-acquisition collaboration to post-acquisition integration

Faems, D., 2012, New technology-based firms in the new millenium. Groen, A., Oakey, R., VanDerSijde, P. & Cook, G. (eds.). BINGLEY: Emerald Group Publishing Limited, p. 109-130 22 p. (New Technology Based Firms in the New Millennium; vol. 9).

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

  • Dries Faems

Collaboration and acquisition have traditionally been observed as two alternative strategies when accessing external technologies. However, real option scholars have recently argued that firms can also engage in transitional technology sourcing trajectories where collaboration and acquisition are used as complementary strategies. While these real option scholars have identified factors that influence when partners are likely to shift from collaboration to acquisition, they remain silent on how such a transition can be effectively managed. Based on a multiple case study of four transitional technology sourcing trajectories between one new entrepreneurial and one established firm, this study therefore explores how the pre-acquisition collaboration stage and the post-acquisition integration are related to each other. Findings suggest that entrepreneurial companies may use the pre-acquisition collaboration stage as a period to evaluate the goodwill of the established partner. In addition, we point to the presence of pre-acquisition integration efforts and the extent of strategic convergence during the pre-acquisition collaboration stage as factors that substantially influence the success of the post-acquisition integration process in transitional governance trajectories.

Original languageEnglish
Title of host publicationNew technology-based firms in the new millenium
EditorsA Groen, R Oakey, P VanDerSijde, G Cook
Place of PublicationBINGLEY
PublisherEmerald Group Publishing Limited
Pages109-130
Number of pages22
ISBN (Print)978-1-78052-118-3
Publication statusPublished - 2012
Event16th Annual High Technology Small Firms Conference/Doctoral Workshop - , Netherlands
Duration: 21-May-200823-May-2008

Publication series

NameNew Technology Based Firms in the New Millennium
PublisherEMERALD GROUP PUBLISHING LTD
Volume9
ISSN (Print)1876-0228

Other

Other16th Annual High Technology Small Firms Conference/Doctoral Workshop
CountryNetherlands
Period21/05/200823/05/2008

Event

16th Annual High Technology Small Firms Conference/Doctoral Workshop

21/05/200823/05/2008

Netherlands

Event: Other

    Keywords

  • RESEARCH-AND-DEVELOPMENT, JOINT VENTURES, REAL OPTIONS, CAPABILITIES, PARTNERSHIPS, PERSPECTIVE, FIRM

ID: 2085966