Neue Publikation: Startups in M&A processes


This paper aims to confirm pitfalls relevant in the integration stage of startup acquisitions mentioned in the literature and to identify new ones. To accomplish this, we conducted a literature review and a multiple case study with semi-structured, qualitative expert interviews. The results indicate the integration of an acquired startup may be challenged by potential pitfalls relating to acquirers or startups or a lack of their concordance. Unfavorable integration process attributes can also harm the integration success. We identified a lack of national-cultural fit and low performance of the integration team as additional potential pitfalls.


Korshunova, E., Tiberius, V., Cesinger, B., & Bouncken, R. B. (2021). Potential pitfalls of startup integration: an exploratory study. Journal of Business Venturing Insights, 15, e00237, doi:10.1016/j.jbvi.2021.e00237.