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Cultural differences, convergence, and crossvergence as explanations of knowledge transfer in international acquisitions

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Cultural differences, convergence, and crossvergence as explanations of knowledge transfer in international acquisitions. / Sarala, Riikka M.; Vaara, Eero.
In: Journal of International Business Studies, Vol. 41, No. 8, 10.2010, p. 1365-1390.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

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Sarala RM, Vaara E. Cultural differences, convergence, and crossvergence as explanations of knowledge transfer in international acquisitions. Journal of International Business Studies. 2010 Oct;41(8):1365-1390. doi: 10.1057/jibs.2009.89

Author

Sarala, Riikka M. ; Vaara, Eero. / Cultural differences, convergence, and crossvergence as explanations of knowledge transfer in international acquisitions. In: Journal of International Business Studies. 2010 ; Vol. 41, No. 8. pp. 1365-1390.

Bibtex

@article{061b697d150a4d27a4244f74959527c4,
title = "Cultural differences, convergence, and crossvergence as explanations of knowledge transfer in international acquisitions",
abstract = "In spite of the proliferation of research on cultural differences in international mergers and acquisitions, we lack systematic analyses of the impact of cultural factors on knowledge transfer. In this paper, we argue that both national and organizational cultural differences and cultural integration in the form of cultural convergence and crossvergence affect knowledge transfer in acquisitions. We develop specific hypotheses concerning the nature of these effects, and test our hypotheses with data on international acquisitions carried out by Finnish corporations. The analyses performed show that national cultural differences provide great potential for knowledge transfer in international acquisitions. Furthermore, organizational cultural convergence and crossvergence have a significant positive impact on knowledge transfer. In particular, convergence and crossvergence moderate the impact of national cultural differences on knowledge transfer.",
keywords = "international acquisitions , GLOBE , culture",
author = "Sarala, {Riikka M.} and Eero Vaara",
year = "2010",
month = oct,
doi = "10.1057/jibs.2009.89",
language = "English",
volume = "41",
pages = "1365--1390",
journal = "Journal of International Business Studies",
issn = "0047-2506",
publisher = "Palgrave Macmillan Ltd.",
number = "8",

}

RIS

TY - JOUR

T1 - Cultural differences, convergence, and crossvergence as explanations of knowledge transfer in international acquisitions

AU - Sarala, Riikka M.

AU - Vaara, Eero

PY - 2010/10

Y1 - 2010/10

N2 - In spite of the proliferation of research on cultural differences in international mergers and acquisitions, we lack systematic analyses of the impact of cultural factors on knowledge transfer. In this paper, we argue that both national and organizational cultural differences and cultural integration in the form of cultural convergence and crossvergence affect knowledge transfer in acquisitions. We develop specific hypotheses concerning the nature of these effects, and test our hypotheses with data on international acquisitions carried out by Finnish corporations. The analyses performed show that national cultural differences provide great potential for knowledge transfer in international acquisitions. Furthermore, organizational cultural convergence and crossvergence have a significant positive impact on knowledge transfer. In particular, convergence and crossvergence moderate the impact of national cultural differences on knowledge transfer.

AB - In spite of the proliferation of research on cultural differences in international mergers and acquisitions, we lack systematic analyses of the impact of cultural factors on knowledge transfer. In this paper, we argue that both national and organizational cultural differences and cultural integration in the form of cultural convergence and crossvergence affect knowledge transfer in acquisitions. We develop specific hypotheses concerning the nature of these effects, and test our hypotheses with data on international acquisitions carried out by Finnish corporations. The analyses performed show that national cultural differences provide great potential for knowledge transfer in international acquisitions. Furthermore, organizational cultural convergence and crossvergence have a significant positive impact on knowledge transfer. In particular, convergence and crossvergence moderate the impact of national cultural differences on knowledge transfer.

KW - international acquisitions

KW - GLOBE

KW - culture

U2 - 10.1057/jibs.2009.89

DO - 10.1057/jibs.2009.89

M3 - Journal article

VL - 41

SP - 1365

EP - 1390

JO - Journal of International Business Studies

JF - Journal of International Business Studies

SN - 0047-2506

IS - 8

ER -