The role of knowledge creation, absorption and acquisition in determining national competitive advantage
Shuang Ge and
Xielin Liu
Technovation, 2022, vol. 112, issue C
Abstract:
Knowledge has been considered a key factor in countries’ catch-up of competitive advantage. However, few studies have deeply analyzed the complex interaction effect of internal technological capabilities and external knowledge acquisition, and the influence of the institutional environment is often ignored. In this paper, we integrate the knowledge-based view with both the new growth theory and the institution-based view, empirically test the validity of our competitive theoretical framework using the panel data of 29 developing countries and 32 developed countries from 1995 to 2018. The results show that, in countries at different stages of development, internal technological capabilities (knowledge creation capability and knowledge absorption capability) and external knowledge acquisition (external technological knowledge and market information knowledge) have different mechanisms of action, constraints and interaction effects. The findings suggest that countries need to make different catch-up strategies according to their stage of national development.
Keywords: Knowledge-based view (KBV); Institution-based view (IBV); New growth theory; Knowledge; Competitive advantage; Catch-up (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0166497221001772
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:techno:v:112:y:2022:i:c:s0166497221001772
DOI: 10.1016/j.technovation.2021.102396
Access Statistics for this article
Technovation is currently edited by Jonathan Linton
More articles in Technovation from Elsevier
Bibliographic data for series maintained by Catherine Liu ().