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Absorptive capacity constituents in knowledge-intensive industries in Serbia

Author

Listed:
  • Maja Levi-Jaksic

    () (University of Belgrade, Faculty of Organizational Sciences, Belgrade, Serbia)

  • Nikola Radovanovic

    (Intellectual Property Office of the Republic of Serbia, Belgrade, Serbia)

  • Zoran Radojicic

    (University of Belgrade, Faculty of Organizational Sciences, Belgrade, Serbia)

Abstract

The aim of this paper was to explore the determining constituents of absorptive capacity and their influence on the overall absorptive capacity level in the organizations from knowledge-intensive industries in the Republic of Serbia. The research was conducted in order to analyze how does the capability of the organizations from Serbian knowledge-intensive industries to acquire external knowledge, develop their knowledge base, communicate and exploit the absorbed knowledge affect their absorptive capacity. The methodology included quantitative and qualitative research method based on a questionnaire. The data collected were analyzed with the absorptive capacity evaluation model and by applying discriminant function analysis as a statistical method. The basic result shows that the absorptive capacity of organizations from knowledge-intensive industries in Serbia is clearly dependent on the scope of the available relevant knowledge. The fundamental conclusion as the result of this research indicates that the enrichment of the organizational knowledge bases with the relevant new content strongly enhances the absorptive capacity of organizations from knowledge-intensive industries in Serbia. Further research on this topic should be directed towards investigating the relationship between the existing knowledge base and the innovation capability in organizations from knowledge-intensive industries.

Suggested Citation

  • Maja Levi-Jaksic & Nikola Radovanovic & Zoran Radojicic, 2013. "Absorptive capacity constituents in knowledge-intensive industries in Serbia," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics, vol. 31(2), pages 253-278.
  • Handle: RePEc:rfe:zbefri:v:31:y:2013:i:2:p:253-278
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    References listed on IDEAS

    as
    1. Argote, L. & Epple, D., 1990. "Learning Curves In Manufacturing," GSIA Working Papers 89-90-02, Carnegie Mellon University, Tepper School of Business.
    2. Linda Argote & Bill McEvily & Ray Reagans, 2003. "Managing Knowledge in Organizations: An Integrative Framework and Review of Emerging Themes," Management Science, INFORMS, vol. 49(4), pages 571-582, April.
    3. Ramachandran K, 1992. "Technology Finance Entrepreneur Linkages," IIMA Working Papers WP1992-05-01_01098, Indian Institute of Management Ahmedabad, Research and Publication Department.
    4. Vega-Jurado, Jaider & Gutiérrez-Gracia, Antonio & Fernández-de-Lucio, Ignacio & Manjarrés-Henri­quez, Liney, 2008. "The effect of external and internal factors on firms' product innovation," Research Policy, Elsevier, vol. 37(4), pages 616-632, May.
    5. Audretsch, David B. & Keilbach, Max, 2008. "Resolving the knowledge paradox: Knowledge-spillover entrepreneurship and economic growth," Research Policy, Elsevier, vol. 37(10), pages 1697-1705, December.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    absorptive capacity; relevant knowledge; innovation capability; knowledge dissemination; knowledge-intensive industries;

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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