Search results for "Absorptive capacity"

A Review of Absorptive Capacity

2014

Absorptive Capacity and Social Capital: Innovation and Environmental Regulation

2010

Norwegian paper and pulp mills are subject to strict environmental regulation. The mills conduct research and development for reducing pollution. Absorptive capacity indicates their competence. Firms are part of a social network of connections with external actors that include other paper and pulp mills, suppliers, customers, research institutes, and universities that help them in developing technologies. These relations represent their social capital. Some firms have access to more and better resources than other firms. Measuring firms’ absorptive capacity and access to social capital, we analyze their success in reducing pollution levels. There is a strong interaction effect between absor…

Economic Intelligence: Using Innovation to Reinvent the Business

2020

This paper is about showing how economic intelligence could be a tool for relevant innovation decision support and how its integration within the firm can strengthen its innovation capabilities, protect itself from competitors and ensure an essential competitive edge. Innovation is a difficult concept to identify. It’s a complex process that involves all of the firm’s behaviors. Innovation is a decisive choice and risk-taking. Today, it holds a prominent place in corporate strategy. Innovative firms need information about their environments that are characterized by stiffer competition, resulting in the need to keep abreast of competitors’ movements, vendor characteristics and changing tech…

Industry 4.0 transition: a systematic literature review combining the absorptive capacity theory and the data–information–knowledge hierarchy

2021

Purpose The effect of the transition toward digital technologies on today’s businesses (i.e. Industry 4.0 transition) is becoming increasingly relevant, and the number of studies that have examined this phenomenon has grown rapidly. However, systematizing the existing findings is still a challenge, from both a theoretical and a managerial point of view. In such a setting, the knowledge management (KM) discipline can provide guidance to address such a gap. Indeed, the implementation of fundamental digital technologies is reshaping how firms manage knowledge. Thus, this study aims to critically review the existing literature on Industry 4.0 from a KM perspective. Design/methodology/approach …

Foreign Direct Investment Spillovers: Evidence from the British Retail Sector

2011

This paper discusses the impact of foreign-ownership presence on the productivity performance of British-owned domestic retailers. In particular, we analyse the existence of productivity spillovers, in the form of knowledge transfer, by using establishment-level data from the Annual Respondents Database over the period 1997–2003. The results confirm the presence of such spillovers and highlight their positive and significant impact on the productivity of domestic firms, although these spillovers are mostly confined to the region in which foreign subsidiaries locate. There is also evidence that the productivity benefit from regional foreign direct investment spillovers increases with the abs…

ESSAYS ON THE DRIVERS OF FIRM COMPETITIVENESS

2020

Triggering Open Innovation Processes Through Organizational Emotional Capability and Rival's Absorptive Capacity Orientation

2022

In this article, we analyze the direct effects of the open innovation (OI) processes of acquisition and exploitation on innovation performance (IP), as well as the effects of two antecedents of OI: organizational emotional capability (EC) and rivaĺs absorptive capacity orientation (RACO). RACO implies processing external information in an analytical manner, whereas an intuitive approach is implicit in EC. The research model is tested in a sample of medium-low-technology Colombian small and medium-sized enterprises (SMEs) using structural equations by the consistent partial least squares method. Our results provide evidence on a significant effect of the OI acquisition process on IP, as well…

Exploring the common blockchain adoption enablers: the case of three Italian wineries

2021

Purpose This study aims to explore and describe the main enabling factors affecting the implementation of blockchain technology (BCT) in a strategic sector such as the wine industry, as well as the motivation behind this choice. Design/methodology/approach In light of the novelty of the phenomenon studied, a case study approach was adopted analyzing three Italian wineries. A conceptual framework, based on the dynamic capabilities, absorptive capacity and dominant logic theories, was developed. Primary and secondary data were collected. Findings Results show that wineries working in a highly dynamic and competitive market invest more in knowledge acquisition and internal assimilation and le…

The relationship between knowledge search strategies and absorptive capacity: A deeper look

2016

Abstract The present study analyzes how the breadth and depth of search strategies affect the dimensions of a firm's absorptive capacity: exploration, transformation and exploitation. Results of an analysis of a sample of 467 Spanish manufacturing firms reveal that openness of external knowledge search contributes to firms' exploratory, transformative and exploitative learning processes in different ways. In particular, a strong curvilinear effect of external knowledge search breadth on exploratory and exploitative learning was found. It is also important to establish deep relationships with external agents to achieve transformative and exploitative learning up to a certain point after whic…

Firms’ Absorptive Capacity for Research-Based Collaboration—an Analysis of a Norwegian R&D Brokering Policy Program

2017

The objective of this article is to explore how policy supported instruments aimed to stimulate research-based innovation influence long-term innovation activity in firms with different knowledge bases. In an effort to contribute to the renewal of existing industry, some policies aim to stimulate firms to adopt and apply research-based knowledge in innovation processes. This article includes a qualitative study of a specific ‘R&D brokering policy instrument’ in Norway aimed at increasing R&D-based innovation processes in firms. R&D brokering policy instruments include funding schemes that are designed to foster and transfer technology and knowledge between firms and research communities. Th…