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Technological Opportunities, Absorptive Capacities, and Innovation

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Abstract

The aim of this paper is to analyze the effects of technological opportunities on the innovation activities of firms, depending on their absorptive capacities. The importance and impacts of the ability of firms to use external knowledge sources were inquired especially for external knowledge stemming from scientific research. Using a simple theoretic model, different innovation effects were empirically outlined for the German manufacturing industry for the first time. On the innovation input side, the effects of science-related technological opportunities in combination with absorptive capacities variables are stronger on the intensities as in the estimations without such proxies. Further, the innovation output of firms is positively influenced by the ability to adapt external knowledge efficiently. Firms in the German manufacturing industry with inhouse absorptive capacities and a high importance of scientific knowledge are characterized by higher sales shares of new and improved products and higher probabilities of patent registrations than other firms.

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File URL: http://www.wiwi.uni-augsburg.de/vwl/institut/paper/195.pdf
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Bibliographic Info

Paper provided by Universitaet Augsburg, Institute for Economics in its series Discussion Paper Series with number 195.

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Length: pages
Date of creation: May 2000
Date of revision:
Handle: RePEc:aug:augsbe:0195

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References

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Citations

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Cited by:
  1. Christopher Palmberg, 2004. "The sources of innovations - looking beyond technological opportunities," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 13(2), pages 183-197.
  2. Bettina Peters, 2005. "Employment Effects of Different Innovation Activities: Microeconometric Evidence," Development and Comp Systems 0504002, EconWPA.
  3. Bastian Rake, 2012. "Determinants of Pharmaceutical Innovation: The Role of Technological Opportunities Revisited," Jena Economic Research Papers 2012-018, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
  4. Peters, Bettina & Lööf, Hans & Janz, Norbert, 2003. "Firm Level Innovation and Productivity: Is there a Common Story Across Countries?," ZEW Discussion Papers 03-26, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  5. Fernandes, Cristina & Ferreira, João & Marques, Carla, 2011. "KIBS Innovation Management Capability in Rural Portuguese Regions: Empirical Evidence," MPRA Paper 47005, University Library of Munich, Germany.
  6. Fernandes, Cristina & Ferreira, João & Raposo, Mario, 2013. "Drivers to firm innovation and their effects on performance: An international comparison," MPRA Paper 46776, University Library of Munich, Germany.
  7. Enrico Guzzini & Donato Iacobucci, 2012. "The role of ownership as R&D incentive in business groups," Working Papers 1205, c.MET-05 - Centro interuniversitario di Economia Applicata alle Politiche per L'industria, lo Sviluppo locale e l'Internazionalizzazione.
  8. María Magdalena Jiménez Barrionuevo & Luis Miguel Molina Fernández & Víctor Jesús García Morales, 2009. "Capacidad de absorción del conocimiento: medición," FEG Working Paper Series 09/02, Faculty of Economics and Business (University of Granada).
  9. Schmidt, Tobias & Sofka, Wolfgang, 2009. "Knowledge sourcing: legitimacy deficits for MNC subsidiaries?," Discussion Paper Series 1: Economic Studies 2009,09, Deutsche Bundesbank, Research Centre.
  10. Manuela Gussoni, . "The determinants of inter-¯rms R&D cooperation and partner selection. A literature overview," Discussion Papers 2009/86, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
  11. Tobias Schmidt, 2010. "Absorptive capacity-one size fits all? A firm-level analysis of absorptive capacity for different kinds of knowledge," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 31(1), pages 1-18.

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