|Appears in Collections:||Management, Work and Organisation Journal Articles|
|Peer Review Status:||Refereed|
|Title:||Entrepreneurial Acquisitions, Open Innovation and UK High Growth SMEs|
High Growth Firms
|Citation:||Mawson S & Brown R (2017) Entrepreneurial Acquisitions, Open Innovation and UK High Growth SMEs, Industry and Innovation, 24 (4), pp. 382-402.|
|Abstract:||This paper examines the dynamics of entrepreneurial acquisitions undertaken by UK high growth small and medium enterprises (SMEs). While entrepreneurial acquisitions are increasingly deployed by SMEs, little is known about their antecedents, motivational drivers and organisational outcomes. Drawing on detailed case study evidence from Scotland, the key factor found to be driving these acquisitions was the desire to augment and exploit technological complementarities between the acquiring and acquired firms. Acquisition can therefore be conceptualised as an advanced stage of the outside-in ‘open innovation' strategies proactively used within these innovative SMEs. Firms executing this strategy typically have an acute propensity for risk, a desire for close customer engagement, effective business models and strong external orientation. The work suggests that greater attention should be paid within M&A theory to the dynamics of these types of smaller scale entrepreneurial acquisitions.|
|Rights:||This item has been embargoed for a period. During the embargo please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study. This is an Accepted Manuscript of an article published by Taylor & Francis Group in Industry and Innovation on 16 Oct 2016, available online: http://www.tandfonline.com/10.1080/13662716.2016.1244764|
|Anonymised final I&I revised manuscript 040916.pdf||567.25 kB||Adobe PDF||View/Open|
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