Why there? Decomposing the choice of target industry

dc.contributor.advisor
dc.contributor.author	Lien, Lasse B.
dc.contributor.author	Klein, Peter G.
dc.date.accessioned	2014-03-13T11:56:52Z
dc.date.available	2014-03-13T11:56:52Z
dc.date.issued	2013-12
dc.identifier.uri	http://hdl.handle.net/11250/191538
dc.description.abstract	How do diversifying firms chose their target industries? We explore target-industry choice empirically by focusing on the relative importance of target-market characteristics and the focal firm’s resources and capabilities. We avoid some key restrictions in earlier work by using a measure of relatedness that is highly general and flexible, using population-level data, and including measures of resource strength in addition to resource relevance. We find that the match between the acquiring and target firm’s resources and capabilities is a much stronger predictor of diversifying entry than the attractiveness of the target market per se.	nb_NO
dc.language.iso	eng	nb_NO
dc.publisher	SNF	nb_NO
dc.relation.ispartofseries	Working papers;34/13
dc.subject	VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212	nb_NO
dc.title	Why there? Decomposing the choice of target industry	nb_NO
dc.type	Working paper	nb_NO
dc.subject.keyword	diversification, entry, resource-based view, firm capabilities, industry attractiveness
dc.subject.keyword	diversification
dc.subject.keyword	entry
dc.subject.keyword	resource-based view
dc.subject.keyword	firm capabilities
dc.subject.keyword	industry attractiveness