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Absorptive capacity and innovative performance: A human capital approach

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Author Info
Anker Lund Vinding
Abstract

This study investigates the importance of human capital on the firms’ absorptive capacity, in relation to firms’ innovative performance. The estimation of an ordered probit model including 1544 firms from the manufacturing and service industry in Denmark shows that the share of highly educated employees, application of human resource management practices within the firm and development of a closer relationship with both vertically related actors and knowledge institutions are not only positively correlated with the ability to innovate but also negatively correlated with the degree of innovative imitation. Finally, work experience among managers, heads of departments and employees at the managerial level is negatively associated with the ability to innovate for science-based and ICT-intensive firms, thus indicating the importance of updating the skills of the employees in these high-tech sectors.

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Economics of Innovation and New Technology.

Volume (Year): 15 (2006)
Issue (Month): 4-5 (June)
Pages: 507-517
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Handle: RePEc:taf:ecinnt:v:15:y:2006:i:4-5:p:507-517

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Related research
Keywords: Cooperation; Education; Human resource management practices; Work experience; Innovative performance;

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Tether, Bruce S., 2002. "Who co-operates for innovation, and why: An empirical analysis," Research Policy, Elsevier, vol. 31(6), pages 947-967, August. [Downloadable!] (restricted)
  2. Keld Laursen & Nicolai J. Foss, . "New HRM Practices, Complementarities, and the Impact on Innovation Performance," IVS/CBS Working Papers 00-5, Department of Industrial Economics and Strategy, Copenhagen Business School. [Downloadable!]
  3. Malerba, Franco & Orsenigo, Luigi, 1995. "Schumpeterian Patterns of Innovation," Cambridge Journal of Economics, Oxford University Press, vol. 19(1), pages 47-65, February.
  4. Acs, Zoltan J & Audretsch, David B, 1988. "Innovation in Large and Small Firms: An Empirical Analysis," American Economic Review, American Economic Association, vol. 78(4), pages 678-90, September. [Downloadable!] (restricted)
  5. Keld Laursen, 2001. "The Importance of Sectoral Differences in the Application of (Complementary) HRM Practices for Innovation Performance," DRUID Working Papers 01-11, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies. [Downloadable!]
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  6. Arora, Ashish & Gambardella, Alfonso, 1990. "Complementarity and External Linkages: The Strategies of the Large Firms in Biotechnology," Journal of Industrial Economics, Blackwell Publishing, vol. 38(4), pages 361-79, June. [Downloadable!] (restricted)
  7. Romijn, Henny & Albaladejo, Manuel, 2002. "Determinants of innovation capability in small electronics and software firms in southeast England," Research Policy, Elsevier, vol. 31(7), pages 1053-1067, September. [Downloadable!] (restricted)
  8. Kaufmann, Alexander & Tödtling, Franz, 2000. "Science-Industry Interaction In The Process Of Innovation - The Importance Of Boundary-Crossing Between Systems," ERSA conference papers ersa00p428, European Regional Science Association. [Downloadable!]
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Cécile Cézanne-Sintès, 2008. "Modern Corporate Changes: Reinstating the Link between the Nature, Boundaries and Governance of the Firm," Post-Print hal-00367732_v1, HAL. [Downloadable!]
  2. Silva, Maria José & Leitão, João, 2007. "What Determines the Entrepreneurial Innovative Capability of Portuguese Industrial Firms?," MPRA Paper 5216, University Library of Munich, Germany. [Downloadable!]
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