The variegated role of proximities in acquisitions by domestic and international companies in different phases of economic cycles

6Citations
Citations of this article
16Readers
Mendeley users who have this article in their library.

This article is free to access.

Abstract

This paper aims at an understanding of acquisition processes in a strongly industrialized and export-oriented economy in Central Europe. Drawing on a proximity framework and behaviour theory, the paper investigates that the geographical proximity dimension is more influential than the cognitive proximity dimension. At the same time, cognitive proximity matters more for foreign firms investing into the economy than for domestic acquisitions. While the role of cognitive proximity diminished during the economic crisis, geographical proximity keeps its importance throughout the economic cycle. Moreover, cognitive proximity has become more important for acquisitions of large companies and less for SMEs.

Cite

CITATION STYLE

APA

Kvĕtoň, V., Bĕlohradský, A., & Blažek, J. (2020). The variegated role of proximities in acquisitions by domestic and international companies in different phases of economic cycles. Papers in Regional Science, 99(3), 583–602. https://doi.org/10.1111/pirs.12506

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Save time finding and organizing research with Mendeley

Sign up for free