2011
DOI: 10.5465/amj.2007.0767
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Behind Acquisitions of Alliance Partners: Exploratory Learning and Network Embeddedness

Abstract: Acquisition research has traditionally been dominated by economic and atomistic assumptions. This study extends acquisition research by integrating behavioral learning and social network perspectives to examine the acquisitions of alliance partners. Specifically, we examine, at the dyadic level, how firms' alliance learning approaches (exploration versus exploitation) and their joint and relative embeddedness in alliance networks (joint brokerage positions and relative centrality) can interact to drive subsequ… Show more

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Cited by 164 publications
(121 citation statements)
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References 59 publications
(105 reference statements)
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“…Likewise, the embeddedness in a secondary stakeholder network enables companies to absorb CSR-directed knowledge. The acquisition and processing of new knowledge is higher when the company is embedded in a dense network of stakeholders [17] and when its network position is central [60]. As such, embeddedness in a secondary stakeholder network is an activation trigger of CSR-directed absorptive capacity.…”
Section: Hypothesesmentioning
confidence: 99%
“…Likewise, the embeddedness in a secondary stakeholder network enables companies to absorb CSR-directed knowledge. The acquisition and processing of new knowledge is higher when the company is embedded in a dense network of stakeholders [17] and when its network position is central [60]. As such, embeddedness in a secondary stakeholder network is an activation trigger of CSR-directed absorptive capacity.…”
Section: Hypothesesmentioning
confidence: 99%
“…It is further related to social capital resource types, such as ties with other firms and ties with government (Li et al 2014). Firms with exploratory learning in alliances will likely benefit from their structural position in an open network (Yang et al 2011). A greater firm's orientation to exploratory learning is expected to lead to higher economic and financial performance by supporting the development of collaborative relationships with international partners and the access to new resources and knowledge.…”
Section: Hypothesis 1 (H1) the Relationship Between Internationalisamentioning
confidence: 99%
“…A key assumption of this perspective is that firms are not autonomous but instead are embedded within networks of relationships (Davis and Greve, 1997;Granovetter, 1985;Yang, Lin, and Peng, 2011). We suggest that both the extent to which a firm engages in boundary stretching practices and its propensity to do so via symbolic management are contingent on its structural position within its social network.…”
Section: Introductionmentioning
confidence: 99%