Competence: A Dynamic Extension of the Existing Typology of Acquisition Motives

    Research output: Working paperResearch

    Abstract

    What is the reason for acquisitions? Till now, strategies related to the daily operations of the firm like increased sale, reduced cost or managerial ambitions have been the prevalent motive. However, a new dynamic motive, the competence explanation is emerging. The purpose of this paper is to develop the existing typology on acquisition motives with a combined approach of competence, resource -based and network theories. The new motive of acquisitions is to acquire firms that posses core competencies. The main purpose of the acquisition is to transfer and utilize unique knowledge from the new subsidiary in the multinational corporation.
    Original languageEnglish
    Place of PublicationCopenhagen
    PublisherDepartment of International Economics and Management, Copenhagen Business School
    Number of pages26
    Publication statusPublished - 1999
    SeriesWorking Paper / Department of International Economics and Management, Copenhagen Business School
    Number12-1999

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