ABSTRACT

This chapter explores acquisitions integration strategies and their impact on entrepreneurial synergies. As discussed in Chapter 12, international transactions have more levels of complexity than domestic acquisitions as they have to consider not only different corporate cultures, but also different national cultures. It is therefore fundamental to minimize the prospect of acquisition failure and maximize synergies through successful integration strategies. Previous experience with acquisitions is an important factor helping firms overcome integration challenges. The nature of the leadership and the way top executives set direction are other key factors in overcoming integration difficulties. Part of the leadership task is to provide a common external focus for the members of merging firms. The final aim in every MampentityA is the achievement of synergies between the companies. Synergy is achieved through the acculturation and learning processes.