Knowledge Bridging: How Acquirers Leverage the Knowledge of Their Targets’ Prior Alliance Partners
研究发现收购方可以通过继承目标公司的关系资产，获取目标公司先前联盟伙伴的知识（即知识桥接），从而更有效地吸收知识，且该效应受目标公司先前知识吸收、知识基础相关性及收购后自主权的影响。
Extensive research has examined how firms rely on alliances and acquisitions for sourcing technological knowledge, but we do not know whether acquirers can benefit from the technological knowledge of their targets’ pre-acquisition alliance partners. This study demonstrates that acquirers leverage relational assets inherited from their targets to access knowledge from the targets’ prior partners—knowledge that the target itself did not absorb during the alliance, including knowledge developed by the partner post-alliance. We term this form of knowledge absorption “knowledge bridging.” We reveal that knowledge bridging enables acquirers to more effectively absorb knowledge from their targets’ prior partners, compared to similar firms without prior alliances with the target. Knowledge bridging intensifies with the target’s previous knowledge absorption from its partners. Yet, this effect is weakened by the relatedness between the knowledge bases and business domains of the acquirer and the target’s partners and strengthened by the target’s post-acquisition autonomy.