Firm Resources’ Entanglement Determines ITS Absorptive Capacity: A Review Towards A New Reconceptualization
AbstractThe capability of a company to absorb external information is crucial for companies, since knowledge is largely considered as a highly valuable source of competitive advantage. Accordingly, an increasing number of publications dealing with this issue have been performed. A plethora of academic works about absorptive capacity (hereinafter ACAP) indicates a need for reviewing it since there is no common agreement about a unique definition and measurement of the same. This paper, aims at shedding a new light on the state of art of absorptive capacity, offering at the same time a certain reconceptualization which may give a new insight towards a new re-dimensionalization of the ACAP construct. Such approaching is rooted in firm’s resources and capabilities, emphasizing the financial aspect, which has almost been neglected in prior researches about this issue.
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Bibliographic InfoPaper provided by Laboratoire de Recherche sur l'Industrie et l'Innovation. ULCO / Research Unit on Industry and Innovation in its series Working Papers with number 270.
Length: 21 pages
Date of creation: Jun 2013
Date of revision:
Publication status: Published in Cahiers du Lab.RII, June 2013
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More information through EDIRC
absorptive capacity; innovation management; reconceptualization;
Find related papers by JEL classification:
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-07-05 (All new papers)
- NEP-INO-2013-07-05 (Innovation)
- NEP-SBM-2013-07-05 (Small Business Management)
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