Disruptive technology adoption, particularities of clustered firms
Francesc Xavier Molina-Morales,
Luis Martínez-Cháfer and
David Valiente-Bordanova
Entrepreneurship & Regional Development, 2019, vol. 31, issue 1-2, 62-81
Abstract:
This article explores to what extent the internal attributes of a clustered firm influence its capacity to adopt disruptive innovations. A multidimensional approach to the absorptive capacity (ACAP) model is used to distinguish between potential (acquisition and assimilation domains) and realized (transformation and exploitation domains) internal firm capabilities. Our evidence comes from an empirical analysis of the population of firms belonging to the Spanish ceramic tile cluster which have adopted a disruptive innovation – the so-called digital printing technology – on a massive scale. The econometric estimations suggest the relevance of the Exploitation dimension of ACAP for early adoption of a new technology. In contrast, the other dimensions do not seem to play a decisive role when it comes to adopting one novelty earlier than others. In conclusion, and contrary to what was expected for non-clustered firms, the results revealed an uneven effect of the potential and realized domains of ACAP of clustered firms regarding the rate of adoption of distant technologies.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:taf:entreg:v:31:y:2019:i:1-2:p:62-81
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DOI: 10.1080/08985626.2018.1537147
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