Björn Alarik ()
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Björn Alarik: Department of Business Administration, School of Economics and Commercial Law, Göteborg University, Postal: Box 640, SE 405 30 Göteborg, Sweden
Abstract: To what extent knowledge synergy is developed in mergers and acquisitions depends on the ambitions of the parties, the relations between the knowledge spheres of both sides, and the methods used for knowledge integration. A high degree of knowledge integration is not always required; sometimes it is sufficient to know who knows what. Whether knowledge synergy arises or not is effected by how knowledge is related to each other and if the frames the knowledge is based are similar or different. Methods for knowledge integration which are based on instructions, manuals, and persuasion do not seem to work properly. When the merging parties viewed knowledge integration as a mutual process starting from scratch with an ongoing dialogue where experiences are exchanged and knowledge compared, adapted and elaborated, knowledge synergy seemed to develop to a greater extent.
Keywords: Merger; integration; knowledge; frame
45 pages, November 23, 2004
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