Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/309865 
Authors: 
Year of Publication: 
2022
Citation: 
[Journal:] Management Review Quarterly [ISSN:] 2198-1639 [Volume:] 73 [Issue:] 4 [Publisher:] Springer International Publishing [Place:] Cham [Year:] 2022 [Pages:] 1519-1577
Publisher: 
Springer International Publishing, Cham
Abstract: 
When pursuing growth opportunities, organizations can, most fundamentally, choose between three different modes: internal development, mergers and acquisitions, and partnerships. Strategic management research investigates the decision of whether to "build, buy, or partner" and its determining factors from various theoretical perspectives, which led to the emergence of related, but largely independent, research streams. As such, this review consolidates the scattered literature landscape and provides a comprehensive understanding of the antecedents associated with the choice of corporate growth modes. To do so, an integrative research framework is proposed that encompasses internal, external, and decision-related factors. Based on this framework, the review provides a synthesized overview and critical assessment of 74 past empirical contributions and develops a detailed roadmap to guide future research.
Subjects: 
Growth
Growth strategy
Corporate growth
Strategic decision
Acquisition
Mode choice
JEL: 
M10
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version

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