IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/81328.html
   My bibliography  Save this paper

Knowledge transfer in merger and acquisition processes in the metallurgical industry

Author

Listed:
  • Miskiewicz, Radoslaw

Abstract

Knowledge and information have now become a major factor of innovation, development and competitiveness of enterprises. Therefore they are of greater and greater interest of the management. Underestimating the role of knowledge and information, and their insufficient use pose a threat to the company and can destroy its competitiveness. Knowledge has also become one of the key motives for conducting mergers and acquisitions. Merging and acquisition processes generate natural challenges and the accompanying risks both for management and shareholders, as shown by numerous publications and studies, indicating low rates of achieving the planned effects of the above-mentioned processes, as well as the very high costs of carrying them out. For many years, one of the basic means of achieving external growth by companies operating in different sectors of the economy is their amalgamation through mergers and acquisitions. As an example, a strong consolidation trend in the US banking sector, dating back to the 1920s, can be presented. Between 1960 and 1965, about 900 commercial banks were consolidated in various forms. According to S. Sudarsanam, it is generally believed that companies are acquiring or want to merge with other companies cannot provide their shareholders with benefits of this process. Similar position is taken by N. Danon-Boileau, arguing that large-scale mergers and acquisitions (over USD 1 billion) led to a decline in the value of consolidated companies, devaluating shareholders’ incomes. The combination of theoretical knowledge with experience gained through a broader economic perspective allows for a deeper insight into the details of the problem. The need to reach the smallest items was noticed by P.M. Senge, a researcher who within system approach suggested that „complex things should be investigated in their complexity”. This wisdom has been used and practically applied by the Author collecting and processing the acquired knowledge into the science and practice of economic activity.

Suggested Citation

  • Miskiewicz, Radoslaw, 2017. "Knowledge transfer in merger and acquisition processes in the metallurgical industry," MPRA Paper 81328, University Library of Munich, Germany, revised 2017.
    • Handle: RePEc:pra:mprapa:81328
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/81328/1/MPRA_paper_81328.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Bruce Kogut & Udo Zander, 1992. "Knowledge of the Firm, Combinative Capabilities, and the Replication of Technology," Organization Science, INFORMS, vol. 3(3), pages 383-397, August.
    2. Zheng, Wei & Yang, Baiyin & McLean, Gary N., 2010. "Linking organizational culture, structure, strategy, and organizational effectiveness: Mediating role of knowledge management," Journal of Business Research, Elsevier, vol. 63(7), pages 763-771, July.
    3. Ikujiro Nonaka & Georg von Krogh, 2009. "Perspective---Tacit Knowledge and Knowledge Conversion: Controversy and Advancement in Organizational Knowledge Creation Theory," Organization Science, INFORMS, vol. 20(3), pages 635-652, June.
    4. Argote, Linda & Ingram, Paul, 2000. "Knowledge Transfer: A Basis for Competitive Advantage in Firms," Organizational Behavior and Human Decision Processes, Elsevier, vol. 82(1), pages 150-169, May.
    5. Lahti, Ryan K. & Beyerlein, Michael M., 2000. "Knowledge transfer and management consulting: A look at "The firm"," Business Horizons, Elsevier, vol. 43(1), pages 65-74.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zhen Zhang, 2024. "Exploring the green edge: the role of market orientation and knowledge management in achieving competitive advantage through creativity," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-16, December.
    2. Claude Paraponaris, 2017. "Le passage des frontières : difficultés et perspectives. L’expérience des frontières cognitives," Post-Print halshs-01579851, HAL.
    3. Meyer, Chris R. & Skaggs, Bruce C. & Nair, Sudhir & Cohen, David G., 2015. "Customer Interaction Uncertainty, Knowledge, and Service Firm Internationalization," Journal of International Management, Elsevier, vol. 21(3), pages 249-259.
    4. Haradhan Kumar Mohajan, 2016. "Knowledge is an Essential Element at Present World," International Journal of Publication and Social Studies, Asian Economic and Social Society, vol. 1(1), pages 31-53.
    5. Dovev Lavie & Israel Drori, 2012. "Collaborating for Knowledge Creation and Application: The Case of Nanotechnology Research Programs," Organization Science, INFORMS, vol. 23(3), pages 704-724, June.
    6. Linda Argote & Ella Miron-Spektor, 2011. "Organizational Learning: From Experience to Knowledge," Organization Science, INFORMS, vol. 22(5), pages 1123-1137, October.
    7. Rickley, Marketa & Karim, Samina, 2018. "Managing institutional distance: Examining how firm-specific advantages impact foreign subsidiary CEO staffing," Journal of World Business, Elsevier, vol. 53(5), pages 740-751.
    8. Walter Vesperi & Anna Maria Melina & Marzia Ventura & Raffaella Coppolino & Rocco Reina, 2021. "Organizing knowledge transfer between university and agribusiness firms," Systems Research and Behavioral Science, Wiley Blackwell, vol. 38(3), pages 321-329, May.
    9. Chila, Vilma, 2021. "Knowledge dynamics in employee entrepreneurship : Implications for parents and offspring," Other publications TiSEM a1f5d18c-783b-4af6-8414-6, Tilburg University, School of Economics and Management.
    10. Degbey, William Y. & Pelto, Elina, 2021. "Customer knowledge sharing in cross-border mergers and acquisitions: The role of customer motivation and promise management," Journal of International Management, Elsevier, vol. 27(4).
    11. Haradhan Kumar Mohajan, 2017. "Knowledge is an Essential Element at Present World," International Journal of Publication and Social Studies, Asian Economic and Social Society, vol. 1(1), pages 31-53, June.
    12. Boeker, Warren & Howard, Michael D. & Basu, Sandip & Sahaym, Arvin, 2021. "Interpersonal relationships, digital technologies, and innovation in entrepreneurial ventures," Journal of Business Research, Elsevier, vol. 125(C), pages 495-507.
    13. Latukha, M. & Veselova, A. & Selivanovskikh, L. & Artukh, E. & Mitskevich, E., 2016. "Re-thinking the role of talent management in a firm’s performance: Talent management practices and absorptive capacity," Working Papers 6442, Graduate School of Management, St. Petersburg State University.
    14. Daniel RUSU, 2022. "Association of Knowledge Management with Strategic Management: Directions and Trends at International Level," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 7(1), pages 49-66, February.
    15. Willy C. Shih, 2021. "Increasing the Level of Abstraction as a Strategy for Accelerating the Adoption of Complex Technologies," Strategy Science, INFORMS, vol. 6(1), pages 54-61, March.
    16. Pantic-Dragisic, Svjetlana & Söderlund, Jonas, 2020. "Swift transition and knowledge cycling: Key capabilities for successful technical and engineering consulting?," Research Policy, Elsevier, vol. 49(1).
    17. Kiessling, Timothy S. & Richey, R. Glenn & Meng, Juan & Dabic, Marina, 2009. "Exploring knowledge management to organizational performance outcomes in a transitional economy," Journal of World Business, Elsevier, vol. 44(4), pages 421-433, October.
    18. Paola Perez-Aleman, 2011. "Collective Learning in Global Diffusion: Spreading Quality Standards in a Developing Country Cluster," Organization Science, INFORMS, vol. 22(1), pages 173-189, February.
    19. Kyle J. Mayer & Deepak Somaya & Ian O. Williamson, 2012. "Firm-Specific, Industry-Specific, and Occupational Human Capital and the Sourcing of Knowledge Work," Organization Science, INFORMS, vol. 23(5), pages 1311-1329, October.
    20. Walter, Jorge & Lechner, Christoph & Kellermanns, Franz W., 2007. "Knowledge transfer between and within alliance partners: Private versus collective benefits of social capital," Journal of Business Research, Elsevier, vol. 60(7), pages 698-710, July.

    More about this item

    Keywords

    Knowledge; transfer; metallurgical industry; processes;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • Z0 - Other Special Topics - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:81328. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.