Skill-biased acquisitions? Human capital and target employee mobility in small technology firms
(2021) In Papers in Innovation Studies- Abstract
- The purpose of this study is to investigate the relationship between acquisitions and mobility of knowledge workers and managers in small technology companies and how individual skills and capabilities moderate the relationship. Relying on the matched employer-employee data of the Swedish high-tech sectors from 2007 to 2015, we find that acquisitions increase the likelihood of employee departures, mainly in the form of switching to another employer, but that these acquisition effects are weaker for employees with technological competences. Moreover, we also find that managers, compared to other employees, are more likely to exit from the (national) labor market after acquisitions. Our results show that acquiring firms tend to gain... (More)
- The purpose of this study is to investigate the relationship between acquisitions and mobility of knowledge workers and managers in small technology companies and how individual skills and capabilities moderate the relationship. Relying on the matched employer-employee data of the Swedish high-tech sectors from 2007 to 2015, we find that acquisitions increase the likelihood of employee departures, mainly in the form of switching to another employer, but that these acquisition effects are weaker for employees with technological competences. Moreover, we also find that managers, compared to other employees, are more likely to exit from the (national) labor market after acquisitions. Our results show that acquiring firms tend to gain access to and retain knowledge workers with engineering background. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/7ec27126-32ad-4100-a1b4-a3470f8ba249
- author
- Xiao, Jing
LU
and Lindholm Dahlstrand, Åsa LU
- organization
- publishing date
- 2021
- type
- Working paper/Preprint
- publication status
- published
- subject
- in
- Papers in Innovation Studies
- issue
- 2021/12
- publisher
- CIRCLE, Lund University
- language
- English
- LU publication?
- yes
- id
- 7ec27126-32ad-4100-a1b4-a3470f8ba249
- alternative location
- http://wp.circle.lu.se/upload/CIRCLE/workingpapers/202112_xiao.pdf
- date added to LUP
- 2021-11-18 13:47:26
- date last changed
- 2021-11-20 02:28:00
@misc{7ec27126-32ad-4100-a1b4-a3470f8ba249, abstract = {{The purpose of this study is to investigate the relationship between acquisitions and mobility of knowledge workers and managers in small technology companies and how individual skills and capabilities moderate the relationship. Relying on the matched employer-employee data of the Swedish high-tech sectors from 2007 to 2015, we find that acquisitions increase the likelihood of employee departures, mainly in the form of switching to another employer, but that these acquisition effects are weaker for employees with technological competences. Moreover, we also find that managers, compared to other employees, are more likely to exit from the (national) labor market after acquisitions. Our results show that acquiring firms tend to gain access to and retain knowledge workers with engineering background.}}, author = {{Xiao, Jing and Lindholm Dahlstrand, Åsa}}, language = {{eng}}, note = {{Working Paper}}, number = {{2021/12}}, publisher = {{CIRCLE, Lund University}}, series = {{Papers in Innovation Studies}}, title = {{Skill-biased acquisitions? Human capital and target employee mobility in small technology firms}}, url = {{http://wp.circle.lu.se/upload/CIRCLE/workingpapers/202112_xiao.pdf}}, year = {{2021}}, }