scispace - formally typeset
Open AccessPosted Content

Manifestations of Higher-Order Routines: The Underlying Mechanisms of Deliberate Learning in the Context of Postacquisition Integration

Reads0
Chats0
TLDR
It is argued that experience codification gives rise to inertial forces that hamper the customization of routines to any given acquisition, and that successful acquirers develop higher-order routines that prevent the generalization of inapplicable ('zero-order') codified routines.
Abstract
Building on the codification and dynamic capabilities literatures, we pursue deeper insight into the underlying mechanisms of deliberate learning in the context of postacquisition integration. We argue that experience codification gives rise to inertial forces that hamper the customization of routines to any given acquisition. We theorize, therefore, that successful acquirers develop higher-order routines-as manifested in two complementary sets of concrete organizational practices-that prevent the generalization of inapplicable ('zero-order') codified routines. After drawing on in-depth qualitative data to help build our theoretical argument, we test it formally with unique survey data on 85 active acquirers.

read more

Citations
More filters
Journal ArticleDOI

Managing the acquisition program

TL;DR: Given the challenges of managing the development and modification of acquisition capabilities within and across acquisition programs, the need for the establishment of a dedicated M&A function is stressed.

Creating Value with Acquisition Based Dynamic Capabilities (ABDC): A Study of Mergers and Acquisitions in the Regulated Energy Industry

TL;DR: Berard et al. as discussed by the authors developed an adapted version of the Acquisition Based Dynamic Capabilities (ABDC) framework, a theoretical extension of Dynamic Capability theory, which is helpful in identifying what corporate M&A capabilities contribute to value creation through a transaction lifecycle.
Journal ArticleDOI

Acquisitions as programs: The role of sensemaking and sensegiving

TL;DR: In this paper , the authors investigate how sensemaking and sensegiving alternate within an acquisition program during ten Indian acquisitions and highlight how sense making and sense giving interface and blend across different projects to build shared meaning and maintain business continuity.

Three studies on institutional environment and the private equity continuum : from early-stage venture capital investments to buyouts

TL;DR: In this paper, the effects of the institutional environment on investment and performance in the private equity industry were evaluated using data from Thomson Reuters' VentureXpert for VC investment and geography, inevitable disclosure rulings gathered from multiple sources, a proprietary database on private equity firm buyout performance, and election results at the state and national levels of the United States.
References
More filters
Journal ArticleDOI

The moderator–mediator variable distinction in social psychological research: Conceptual, strategic, and statistical considerations.

TL;DR: This article seeks to make theorists and researchers aware of the importance of not using the terms moderator and mediator interchangeably by carefully elaborating the many ways in which moderators and mediators differ, and delineates the conceptual and strategic implications of making use of such distinctions with regard to a wide range of phenomena.
Journal ArticleDOI

Common method biases in behavioral research: a critical review of the literature and recommended remedies.

TL;DR: The extent to which method biases influence behavioral research results is examined, potential sources of method biases are identified, the cognitive processes through which method bias influence responses to measures are discussed, the many different procedural and statistical techniques that can be used to control method biases is evaluated, and recommendations for how to select appropriate procedural and Statistical remedies are provided.
Book ChapterDOI

The iron cage revisited institutional isomorphism and collective rationality in organizational fields

TL;DR: In this paper, the authors argue that rational actors make their organizations increasingly similar as they try to change them, and describe three isomorphic processes-coercive, mimetic, and normative.
Journal ArticleDOI

Dynamic capabilities and strategic management

TL;DR: The dynamic capabilities framework as mentioned in this paper analyzes the sources and methods of wealth creation and capture by private enterprise firms operating in environments of rapid technological change, and suggests that private wealth creation in regimes of rapid technology change depends in large measure on honing intemal technological, organizational, and managerial processes inside the firm.
Book

Multiple Regression: Testing and Interpreting Interactions

TL;DR: In this article, the effects of predictor scaling on the coefficients of regression equations are investigated. But, they focus mainly on the effect of predictors scaling on coefficients of regressions.
Related Papers (5)