 An analytical model of absorptive capacityJaider Vega-Jurado (), Antonio Gutiérrez-Gracia and Ignacio Fernández-de-Lucio No 200802, INGENIO (CSIC-UPV) Working Paper Series from INGENIO (CSIC-UPV) Abstract: This article presents a new model for analyzing determinants of absorptive capacity in companies and shows how can be operacionalized. We propose that absorptive capacity is not only determined by R&D activities but also by a set of internal factors, which we group into three basic categories: organizational knowledge, formalization, and social integration mechanisms. We pilot our model on a sample of 84 small and medium-sized enterprises (SMEs) located in the province of Valencia, Spain. The results of our pilot study suggest that the model specification is useful to explain the determinants of firm's absorptive capacity. In addition, our findings show that the determinants of absorptive capacity differ with respect to the applicability of knowledge absorbed and that R&D activities have two different effects. Greater investment in R&D promotes the exploitation of external knowledge, regardless of its nature, while sustained R&D activities over time are a decisive factor for the exploitation of scientific knowledge. JEL-codes: O32 (search for similar items in EconPapers) Published in R&D Management, July 2008, vol 38 issue 4, pages 392 - 405 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ing:wpaper:200802 Access Statistics for this paper More papers in INGENIO (CSIC-UPV) Working Paper Series from INGENIO (CSIC-UPV) Contact information at EDIRC. |
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