 Social capital, absorptive capability, and firm innovationSui-Hua Yu Technological Forecasting and Social Change, 2013, vol. 80, issue 7, 1261-1270 Abstract: The purpose of this study is to examine the relationship between social capital and firm innovation as well as the moderating effects of absorptive capability. In general, network-level technological diversity is utilized to measure a firm's social capital and in this case, an empirical investigation of 748 high-tech firms in Taiwan indicates that such diversity in a firm's social network has an inverted U-shaped relationship with the firms' innovation performance. In addition, we find that by increasing absorptive capability, it will systematically increase the slope and amplitude of the positive effects of diversity as well as maximize the overall value of network-level technological diversity for firm innovation performance. These results also suggest that an overabundance of network-level technological diversity can have a negative impact on firm innovation while a moderate level of such diversity can lead to high levels of innovation performance. Keywords: Social capital; Firm innovation; Network technological diversity; Absorptive capability (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:80:y:2013:i:7:p:1261-1270 DOI: 10.1016/j.techfore.2012.12.005 Access Statistics for this article Technological Forecasting and Social Change is currently edited by Fred Phillips More articles in Technological Forecasting and Social Change from Elsevier |
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