Economics at your fingertips  

Solving the knowledge filter puzzle: absorptive capacity, entrepreneurship and regional development

Haifeng Qian () and Hyejin Jung ()
Additional contact information
Haifeng Qian: University of Iowa
Hyejin Jung: Korean University of Technology and Education

Small Business Economics, 2017, vol. 48, issue 1, 99-114

Abstract: Abstract New growth theory addresses the important role of knowledge in regional economic growth. However, knowledge is not always commercially exploited. The obstacles preventing knowledge commercialization are known as the knowledge filter. The literature has identified entrepreneurship as a mechanism of overcoming the knowledge filter. This article further argues that absorptive capacity is another effective factor that can solve the knowledge filter puzzle. To test this hypothesis, we introduce a new approach to measuring regional absorptive capacity and, via exploratory factor analysis, identifies two types of absorptive capacity: cognitive capacity and technical capacity. Multivariate analysis finds a significant moderating role of cognitive capacity (and to a lesser extent technical capacity) in the impact of knowledge on regional economic performance and therefore supports absorptive capacity as an effective mechanism for the penetration of the knowledge filter. The empirical results also provide additional evidence on the role of entrepreneurship in commercializing new knowledge and penetrating the knowledge filter.

Keywords: Knowledge filter; Absorptive capacity; Entrepreneurship; Regional development; L26; O31; R11 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link) Abstract (text/html)
Access to full text is restricted to subscribers.

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:

Ordering information: This journal article can be ordered from
http://www.springer. ... 29/journal/11187/PS2

Access Statistics for this article

Small Business Economics is currently edited by Zoltan J. Acs and David B. Audretsch

More articles in Small Business Economics from Springer
Bibliographic data for series maintained by Sonal Shukla ().

Page updated 2019-04-07
Handle: RePEc:kap:sbusec:v:48:y:2017:i:1:d:10.1007_s11187-016-9769-y