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Absorptive Capacity For Innovation Management Control: Empirical Evidence From Hybrid Product-Service Bundles

Author

Listed:
  • MARIO SCHAARSCHMIDT

    (University of Duisburg-Essen, Berliner Platz 6-8, 45127 Essen, Germany)

  • EUSTATHIOS SAINIDIS

    (Northumbria University Newcastle, City Campus East, 87 Newbridge Street, Newcastle upon Tyne, NE1 8ST, United Kingdom)

  • THOMAS MATHEUS

    (Northumbria University Newcastle, City Campus East, 87 Newbridge Street, Newcastle upon Tyne, NE1 8ST, United Kingdom)

  • DANIEL EL KOHLI

    (University of Koblenz, Universitaetsstrasse 1, 56070 Koblenz, Germany)

Abstract

This paper examines the antecedents and consequences of a firm’s absorptive capacity for innovation management control (ACIMC). Absorptive capacity, defined as an organisational-level capability to identify, assimilate, and exploit external knowledge, has predominantly been applied to technological knowledge. In this paper, we focus on external knowledge in relation to innovation management control (IMC), a management task that combines innovation management and management control. In addition, we apply our conceptualisation of ACIMC to the development of hybrid offerings, consisting of product and service components. Results of a survey among companies in Europe support our hypotheses that ACIMC (with four dimensions: Acquisition, assimilation, transformation, and exploitation) indirectly influences financial and innovation performance through hybrid product-service IMC. This paper ends with recommendations for innovation management practice and theory.

Suggested Citation

  • Mario Schaarschmidt & Eustathios Sainidis & Thomas Matheus & Daniel El Kohli, 2023. "Absorptive Capacity For Innovation Management Control: Empirical Evidence From Hybrid Product-Service Bundles," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 27(06), pages 1-29, August.
    • Handle: RePEc:wsi:ijimxx:v:27:y:2023:i:06:n:s1363919623500342
    DOI: 10.1142/S1363919623500342
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