Search results

11 – 20 of over 62000
Article
Publication date: 8 June 2010

Cai Li, Zhu Xiumei, Cui Qiguo and Zhao Di

This paper aims to build a theory model to examine the influencing mechanism of entrepreneurial environment on new firm performance based on network view and resource‐based view…

989

Abstract

Purpose

This paper aims to build a theory model to examine the influencing mechanism of entrepreneurial environment on new firm performance based on network view and resource‐based view, and then carry out empirical research.

Design/methodology/approach

Data were obtained from 112 new firms, through the use of questionnaires, in Changchun city, China.

Findings

Evidence indicates that the entrepreneurial environment has an impact on new firm performance through entrepreneurial network and resource acquisition. The results show that eight out of ten hypotheses are supported.

Practical implications

In a hostile, dynamic and complex environment, the new firm should enhance its entrepreneurial network to ensure resource acquisition and then promote performance.

Originality/value

The paper shows definitely the significance of entrepreneurial network as a bridge between external environment and resource acquisition and new firm performance. Entrepreneurial network and resource acquisition are identified as important intermediary variables, and resource combination ability as a moderating variable. This paper examines the influence of external environment on new firm performance. The research has some theoretical and managerial implications for new firms' survival and obtaining growth in highly uncertain and turbulent environments.

Details

Journal of Chinese Entrepreneurship, vol. 2 no. 2
Type: Research Article
ISSN: 1756-1396

Keywords

Article
Publication date: 1 May 1992

Torsten J. Gerpott and Brian Bloch

More and more firms view the acquisition of foreign firms as animportant component of their internationalization strategy. An importantbut frequently overlooked condition for the…

Abstract

More and more firms view the acquisition of foreign firms as an important component of their internationalization strategy. An important but frequently overlooked condition for the successful implementation of such a strategy is the consistent and appropriate integration of human resource management into the overall internationalization strategy (global, multilocal, hybrid). Offers guidelines on the significance and contents of human resource management practices in this context. The emphasis is on the strategically appropriate integration of the target organization with the acquiring corporation.

Details

Journal of Management Development, vol. 11 no. 5
Type: Research Article
ISSN: 0262-1711

Keywords

Article
Publication date: 1 June 2015

Wenhong Zhao and Lingling Wang

– This study aims to examine how the interactions between the entrepreneur’s technical and market knowledge and the intra- and extra-industry ties affect resources acquisition.

1028

Abstract

Purpose

This study aims to examine how the interactions between the entrepreneur’s technical and market knowledge and the intra- and extra-industry ties affect resources acquisition.

Design/methodology/approach

The authors made a questionnaire from a sample of 300 high-technology companies located in the incubator in Xi’an, of which 165 were usable, and the final response rate was 55 per cent, the authors used optimal scaling regression analyses to analyze the data and test the hypotheses.

Findings

There is a positive relationship between the entrepreneurs’ knowledge and the resources acquisition. The effects of the technical knowledge and the market knowledge are contingent on the intra-industry ties and the extra-industry ties in different ways. In particular, an entrepreneur with technical knowledge has an easier access to required resources from the intra-industry ties than extra-industry ties. In contrast, an entrepreneur with market knowledge can obtain more easily the needed resources from the extra-industry ties than the intra-industry ties.

Originality/value

The paper conducted an empirical test of how the interactions between the entrepreneurs’ knowledge and industry ties affect the resources acquisition in the context of China’s emerging economy, which has not been studied in the current literature. This paper provides implications for entrepreneurs with technical and market knowledge in finding the right way to obtain needed resources through their industry ties.

Details

Journal of Entrepreneurship in Emerging Economies, vol. 7 no. 2
Type: Research Article
ISSN: 2053-4604

Keywords

Article
Publication date: 10 December 2018

Lihua Wang and Xiaoya Liang

Grounded in the structural and relational inertia literature, this paper aims to investigate how two types of founding conditions – prior state ownership and a founder’s state…

Abstract

Purpose

Grounded in the structural and relational inertia literature, this paper aims to investigate how two types of founding conditions – prior state ownership and a founder’s state career history – may individually and interactively affect the resource acquisition and organizing capability of firms.

Design/methodology/approach

This study uses a unique, large-scale survey of 480 manufacturing firms in China.

Findings

The findings show that prior state ownership is positively related to a firm’s resource acquisition, and the founder’s state career history moderates the relationship between prior state ownership and a firm’s organizing capability such that a founder with a state career history can help a privatized firm overcome its structural inertia and achieve superior organizing capabilities. However, it is found that a founder’s state career history is not associated with a firm’s resource acquisition or organizing capability.

Research/limitations/implications

First, this study is cross-sectional. Second, this paper refocuses on Chinese manufacturing firms in two regions only. Third, the authors do not have information on how long founders had been in state sector. Fourth, the measure of resource acquisition and organizational capability is a self-reported perceptual measure.

Practical implications

First, this study suggests that founders’ state career history does not benefit firms in resource acquisitions. Once founders do not work for government organizations, they can lose the associated resource benefits. The founders may have to actively maintain their historical connections with the current government officials to continue to receive various information and resource benefits. Second, this study indicates that it is possible for privatized firms to have resource acquisition advantages resulting from their historical heritage and at the same time overcome the inferior organizing capabilities from their histories by having a founder with a prior state career history. Such founders tend to have the ability to overcome the unfavorable imprinting effect of previous histories and to help private firms develop better strategies and structures to fit the dynamic and competitive environment.

Social implications

This study indicates that it is possible for state-owned enterprises to become efficient if they can employ capable managers with superior managerial skills.

Originality/value

Current literature on the effect of government affiliations on firm behavior and outcomes typically focuses on existing government affiliations and their benefits on a firm’s economic and information resources, legitimacy and new venture performance. This study is one of the first to examine how historical government affiliations may affect both the resource acquisition and organizing capability of a firm. In addition, existing studies have rarely studied simultaneously how a firm’s and a founder’s historical government affiliations may independently and interactively affect a firm’s ability to acquire resources and develop capabilities critical for a firm’s performance and survival. This study fills this gap.

Details

Journal of Asia Business Studies, vol. 12 no. 4
Type: Research Article
ISSN: 1558-7894

Keywords

Article
Publication date: 1 October 2005

Pablo Sánchez‐Lorda and Esteban García‐Canal

We analyze how entry order in a new field influences the stock market reaction to strategic alliances and acquisitions aimed at expanding firm boundaries. We argue that alliances…

Abstract

We analyze how entry order in a new field influences the stock market reaction to strategic alliances and acquisitions aimed at expanding firm boundaries. We argue that alliances would be more valued by investors at the early stages of a process of convergence between two markets, whereas acquisitions would be more valued in the later stages. Using a sample of alliances and acquisitions carried out by European telecom firms, our hypotheses have been confirmed.

Details

Management Research: Journal of the Iberoamerican Academy of Management, vol. 3 no. 3
Type: Research Article
ISSN: 1536-5433

Keywords

Article
Publication date: 12 March 2019

Dong-Young Kim and Sean M. Davis

The purpose of this paper is to explore how the acquisition experience – an acquiring firm’s experience of acquiring and integrating the resources of an acquired firm – affects…

Abstract

Purpose

The purpose of this paper is to explore how the acquisition experience – an acquiring firm’s experience of acquiring and integrating the resources of an acquired firm – affects the production resource efficiency of the acquiring firm.

Design/methodology/approach

The authors used data obtained from US manufacturing industries over the 1992–2014 period. The sample includes 784 acquisitions by 417 firms. The proposed hypotheses were tested through econometric analysis.

Findings

Results show that the acquisition experience has a positive association with production resource efficiency. The acquisition experience is most positively associated with acquiring firms’ production efficiency when they successfully accomplished previous performance outcomes. While the literature has recognized the relatedness of acquiring and acquired firms as a contextual moderator, the interaction of the related acquisition and the acquisition experience has no impact on efficiency benefits.

Originality/value

This study enhances the understanding of how prior acquisition experience can be leveraged by acquiring firms to gain efficiency benefits in the manufacturing industry.

Details

Journal of Manufacturing Technology Management, vol. 30 no. 4
Type: Research Article
ISSN: 1741-038X

Keywords

Article
Publication date: 6 March 2017

Jinyu Yang, Bin Liu and Lihua Yuan

This paper comes to the point from the tax competition of local government in investment promotion and capital introduction. This paper aims to empirically examine the internal…

Abstract

Purpose

This paper comes to the point from the tax competition of local government in investment promotion and capital introduction. This paper aims to empirically examine the internal mechanism of enterprises obtaining land resources from local government and its resulting equity investment increase and economic consequences of overinvestment.

Design/methodology/approach

The data of China’s A-share listed companies from 2007 to 2014 were used to test the relationship between the increase in enterprise equity investment and the acquisition of land resources and overinvestment. The descriptive statistics, correlation analysis and least squares linear regression were used to solve the above question.

Findings

One of the reasons for the enterprise equity increase is to obtain scarce land resources. The enterprise acquisition for land resources leads to overinvestment. The equity investment increase from obtaining land resources will further stimulate enterprise group to overinvest.

Research limitations/implications

The authors could not get the actual data of land that subsidiaries have obtained directly. In this research, the authors get the data using consolidated statements and subsidiary statements indirectly.

Practical implications

The results make contributions to the influencing factors and economic consequence of the enterprise investment structural deviation.

Social implications

It provides reference to optimize the “interaction” relationship between government and enterprises.

Originality/value

It identified the “dual-channel” conduction mechanism between land resource acquisition and enterprise overinvestment.

Details

Nankai Business Review International, vol. 8 no. 1
Type: Research Article
ISSN: 2040-8749

Keywords

Article
Publication date: 1 July 2004

Elizabeth Kiondo

This paper discusses emerging issues in selection and acquisition of electronic information resources in academic libraries of developing countries paying particular attention to…

2007

Abstract

This paper discusses emerging issues in selection and acquisition of electronic information resources in academic libraries of developing countries paying particular attention to the situation at the University of Dar es Salaam Library (www.udsm.ac.tz/library/). First, it discusses in historical perspective the application of information technology in provision of information services and specifically the provision of electronic information services at this university. Then it identifies emerging and challenging issues related to selection and acquisition of electronic information resources. The emerging issues include the information technology skills of staff and users, technology infrastructure, financial resources and collection development and management policy. In conclusion, the paper strategizes the way forward to make selection and acquisition of e‐resources contribute towards promotion of research, scholarly communication, teaching and learning at African universities.

Details

Library Hi Tech News, vol. 21 no. 6
Type: Research Article
ISSN: 0741-9058

Keywords

Article
Publication date: 2 October 2007

Jim Andersén

The aim of this article is to provide a holistic framework for the acquisition of strategic resources.

2827

Abstract

Purpose

The aim of this article is to provide a holistic framework for the acquisition of strategic resources.

Design/methodology/approach

The literature dealing with resource creation is reviewed and analyzed from a resource‐based point of view. The major methods of acquiring resources are identified through the literature review and the applicability of the framework proposed is illustrated with an empirical example.

Findings

Three ways of acquiring strategic resources are identified – direct investments, organizational processes, and product market positioning. All three ways of acquisition can be intentional or unintentional. Arguments for using this six‐dimension scale are provided through deductive reasoning, literature review, and the empirical example.

Research implications/limitations

The study identifies the six dimensions of strategic resource acquisition. However, integration of these dimensions is not a subject addressed in this study. Cluster analysis of companies according to these dimensions could enhance our understanding of the characteristics of companies regarding resource acquisition.

Originality/value

Whereas previous studies have generally used a single‐theory approach, this study highlights the importance of having a holistic outlook when analyzing resource‐based competitive advantages.

Details

Journal of European Industrial Training, vol. 31 no. 8
Type: Research Article
ISSN: 0309-0590

Keywords

Book part
Publication date: 19 September 2014

David R. King

Beginning with the premise that complementary resources represent the most valuable resource combinations, theory is developed to explain the impact of complementary resources on…

Abstract

Beginning with the premise that complementary resources represent the most valuable resource combinations, theory is developed to explain the impact of complementary resources on firm boundary decisions. Uncertainty surrounding resource combinations or control of a complementary resource influences firm boundaries by impacting access to needed resources. An implication is that acquisition decisions and performance are influenced by prior investment. Resulting insights have competitive advantage implications of interest to both management research and practice.

11 – 20 of over 62000