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Understanding spatial networking and industrial district evolution from firms' strategies
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IMPORTANT: Aquest repositori està en una versió antiga des del 3/12/2023. La nova instal.lació está en https://roderic.uv.es/
Understanding spatial networking and industrial district evolution from firms' strategies
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| Hervas-Oliver, José Luis; Boronat-Moll, Carles; Peris-Ortiz, Marta; Rojas-Alvarado, Ronald | |||
| Aquest document és un/a article, creat/da en: 2023 | |||
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| Positioned in the study of firm heterogeneity in industrial districts (IDs), this study analyses how mergers and acquisitions (M&A) differ between local and non-local acquirers, impacting district evolution. Focusing on the Castellon ceramic tile district transformation, from acquisitions over 2012-2022, M&A and their implication for the local district are discussed, cross-fertilizing strategy and IDs literatures. Findings, from using mixed-methods, reveal that in IDs, the M&A process remarkably differs between local and non-local firms. While local firms tend to specialize in the related focal business, targeting local acquisitions to achieve internal synergies from a better valuation and integration of acquisitions, foreign firms seek access to tacit knowledge through relational and network synergies through diversification. Effects on the territory from M&A are also discussed. | |||
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Hervas-Oliver, José Luis Boronat-Moll, Carles Peris-Ortiz, Marta Rojas-Alvarado, Ronald 2023 Understanding spatial networking and industrial district evolution from firms' strategies European Planning Studies 31 10 2058 2086. https://doi.org/10.1080/09654313.2022.2078659 |
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53 - Ciències Económiques [1844]