Absorptive capacity, innovation cooperation and human-capital. Evidence from 3 European countries
AbstractThe paper aims at extending the analysis of the firm’s absorptive capacity (AC) by taking stock of its manifold nature. Innovation cooperation is recognised as one of its antecedents, along with R&D, but with different possible outcomes, depending on the kind of partner. Human capital is claimed to be as important as other organisational mechanisms for the AC impact on innovation. The empirical application, carried out on about 10,500 firms located in 3 EU countries (i.e. Germany, Italy and Spain), confirms the role of these factors. Interacting with research organisations, for example, increases the firm’s AC providing it occurs within the national boundaries. The transformation of AC into actual innovation is favoured by the human capital of the firm, while it is actually hampered by socialisation mechanisms of an organisational nature.
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Bibliographic InfoPaper provided by Institute of Prospective Technological Studies, Joint Research Centre in its series JRC-IPTS Working Papers on Corporate R&D and Innovation with number 2012-05.
Length: 38 pages
Date of creation: Nov 2012
Date of revision:
Absorptive capacity – Innovation cooperation – Human capital;
Other versions of this item:
- Chiara Franco & Alberto Marzucchi & Sandro Montresor, 2012. "Absorptive capacity, innovation cooperation and human-capital. Evidence from 3 European countries," JRC-IPTS Working Papers JRC77090, Institute for Prospective and Technological Studies, Joint Research Centre, revised Nov 2012.
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-02-03 (All new papers)
- NEP-CSE-2013-02-03 (Economics of Strategic Management)
- NEP-EUR-2013-02-03 (Microeconomic European Issues)
- NEP-HRM-2013-02-03 (Human Capital & Human Resource Management)
- NEP-INO-2013-02-03 (Innovation)
- NEP-KNM-2013-02-03 (Knowledge Management & Knowledge Economy)
- NEP-SBM-2013-02-03 (Small Business Management)
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