The Effect of Managerial Attention on Post-Acquisition Innovation: The Contingent Role of Entrepreneurial Orientation

managerial attention;acquisition;post-acquisition innovation;entrepreneurial orientation;attention-based view;content analysis;658

경영대학 경영학과 ;

University:서울대학교 대학원

关键词: managerial attention;    acquisition;    post-acquisition innovation;    entrepreneurial orientation;    attention-based view;    content analysis;    658;   

Others  :  http://s-space.snu.ac.kr/bitstream/10371/124462/1/000000016687.pdf

美国|英语

来源: Seoul National University Open Repository

【 摘 要 】

In this paper, I adopt Attention-based View (ABV) of the firm in order to examine the role of attentional orientation of top executives in M&A context. In high-technology industries, I find that merging firms’ strategic dissimilarity can produce post-acquisition innovation when the acquirers’ strategic attention is oriented in entrepreneurial issues, while strategic dissimilarity per se makes negative impact on post-acquisition innovation. I also explore how top executives’ entrepreneurial orientation influences the impact of prior acquisition experience on post-acquisition innovation, however, no significant interaction is found. The results of the research shed light on the role of managerial attention in M&A context.