Title
Resource complementarity in business combinations: Extending the logic to organizational alliances
Abbreviated Journal Title
J. Manage.
Keywords
COMPETITIVE ADVANTAGE; INTERNATIONAL EXPANSION; PERFORMANCE; FIRMS; ACQUISITION; DIVERSIFICATION; PRIVATIZATION; COLLABORATION; STRATEGIES; KNOWLEDGE; Business; Psychology, Applied; Management
Abstract
Organizations are combining resources through acquisitions and alliances in record numbers. Since publication of our original study in 1991, research has confirmed that resource complementarity creates the potential for greater synergy from acquisitions and alliances, leading to higher long-term firm perfonnance as an end result. The valuable, unique, and inimitable synergy that can be realized by integrating complementary resources provides an opportunity for the firm to create competitive advantages that can be sustained for a period of time. In addition, complementary resources present opportunities for enhanced learning as well as the development of new capabilities. However, we also suggest that the existence of complementary resources is a necessary but insufficient condition to achieve synergy. The resources must be effectively integrated and managed to realize the synergy. (C) 2001 Elsevier Science Inc. All rights reserved.
Journal Title
Journal of Management
Volume
27
Issue/Number
6
Publication Date
1-1-2001
Document Type
Editorial Material
Language
English
First Page
679
Last Page
690
WOS Identifier
ISSN
0149-2063
Recommended Citation
"Resource complementarity in business combinations: Extending the logic to organizational alliances" (2001). Faculty Bibliography 2000s. 8021.
https://stars.library.ucf.edu/facultybib2000/8021
Comments
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