New venture growing pains: When being acquired is an appropriate remedy

Timothy Kiessling, Justin B Craig

Research output: Contribution to conferencePaperResearchpeer-review

5 Downloads (Pure)

Abstract

Our empirical research explores acquisitions of small entrepreneurial firms with a focus on the entrepreneurial management team (EMT) of the target firm. Utilizing the theoretical foundations of Resource Based View and Contract Theory we explore the dynamics of post acquisition performance of the target firm and the retention of the EMT. While controlling for firm size, type of purchase, ownership of target firm and industry dynamics, our results of a questionnaire survey of acquiring firms' top managers suggest that transfer or development of the implicit contract with the target firms' EMT positively affect both retention and performance.
Original languageEnglish
Pages527-540
Number of pages14
Publication statusPublished - 2008
EventAustralian Graduate School of Entrepreneurship (AGSE) International Entrepreneurship Research Exchange - Swinburne University of Technology, Melbourne, Australia
Duration: 1 Jan 20081 Jan 2008
Conference number: 5th

Conference

ConferenceAustralian Graduate School of Entrepreneurship (AGSE) International Entrepreneurship Research Exchange
Abbreviated titleAGSE IERE
CountryAustralia
CityMelbourne
Period1/01/081/01/08

Fingerprint

Pain
Remedies
New ventures
Entrepreneurial management
Managers
Implicit contracts
Empirical research
Contract theory
Resource-based view
Firm size
Purchase
Entrepreneurial firms
Firm dynamics
Questionnaire survey
Ownership
Industry dynamics

Cite this

Kiessling, T., & Craig, J. B. (2008). New venture growing pains: When being acquired is an appropriate remedy. 527-540. Paper presented at Australian Graduate School of Entrepreneurship (AGSE) International Entrepreneurship Research Exchange, Melbourne, Australia.
Kiessling, Timothy ; Craig, Justin B. / New venture growing pains : When being acquired is an appropriate remedy. Paper presented at Australian Graduate School of Entrepreneurship (AGSE) International Entrepreneurship Research Exchange, Melbourne, Australia.14 p.
@conference{ca39c7bef94b47ec873359e6ecc12cde,
title = "New venture growing pains: When being acquired is an appropriate remedy",
abstract = "Our empirical research explores acquisitions of small entrepreneurial firms with a focus on the entrepreneurial management team (EMT) of the target firm. Utilizing the theoretical foundations of Resource Based View and Contract Theory we explore the dynamics of post acquisition performance of the target firm and the retention of the EMT. While controlling for firm size, type of purchase, ownership of target firm and industry dynamics, our results of a questionnaire survey of acquiring firms' top managers suggest that transfer or development of the implicit contract with the target firms' EMT positively affect both retention and performance.",
author = "Timothy Kiessling and Craig, {Justin B}",
note = "{\circledC} Copyright Timothy Kiessling & Justin Craig, 2008; Australian Graduate School of Entrepreneurship (AGSE) International Entrepreneurship Research Exchange, AGSE IERE ; Conference date: 01-01-2008 Through 01-01-2008",
year = "2008",
language = "English",
pages = "527--540",

}

Kiessling, T & Craig, JB 2008, 'New venture growing pains: When being acquired is an appropriate remedy' Paper presented at Australian Graduate School of Entrepreneurship (AGSE) International Entrepreneurship Research Exchange, Melbourne, Australia, 1/01/08 - 1/01/08, pp. 527-540.

New venture growing pains : When being acquired is an appropriate remedy. / Kiessling, Timothy; Craig, Justin B.

2008. 527-540 Paper presented at Australian Graduate School of Entrepreneurship (AGSE) International Entrepreneurship Research Exchange, Melbourne, Australia.

Research output: Contribution to conferencePaperResearchpeer-review

TY - CONF

T1 - New venture growing pains

T2 - When being acquired is an appropriate remedy

AU - Kiessling, Timothy

AU - Craig, Justin B

N1 - © Copyright Timothy Kiessling & Justin Craig, 2008

PY - 2008

Y1 - 2008

N2 - Our empirical research explores acquisitions of small entrepreneurial firms with a focus on the entrepreneurial management team (EMT) of the target firm. Utilizing the theoretical foundations of Resource Based View and Contract Theory we explore the dynamics of post acquisition performance of the target firm and the retention of the EMT. While controlling for firm size, type of purchase, ownership of target firm and industry dynamics, our results of a questionnaire survey of acquiring firms' top managers suggest that transfer or development of the implicit contract with the target firms' EMT positively affect both retention and performance.

AB - Our empirical research explores acquisitions of small entrepreneurial firms with a focus on the entrepreneurial management team (EMT) of the target firm. Utilizing the theoretical foundations of Resource Based View and Contract Theory we explore the dynamics of post acquisition performance of the target firm and the retention of the EMT. While controlling for firm size, type of purchase, ownership of target firm and industry dynamics, our results of a questionnaire survey of acquiring firms' top managers suggest that transfer or development of the implicit contract with the target firms' EMT positively affect both retention and performance.

M3 - Paper

SP - 527

EP - 540

ER -

Kiessling T, Craig JB. New venture growing pains: When being acquired is an appropriate remedy. 2008. Paper presented at Australian Graduate School of Entrepreneurship (AGSE) International Entrepreneurship Research Exchange, Melbourne, Australia.