The Absorptive Capacity of a Finance Company as an Efficiency Factor of Its Pro-technology Innovation Activities

Waldemar Glabiszewski () and Maciej Zastempowski ()
Additional contact information
Waldemar Glabiszewski: Nicolaus Copernicus University
Maciej Zastempowski: Nicolaus Copernicus University

A chapter in Efficiency in Business and Economics, 2018, pp 57-69 from Springer

Abstract: Abstract In today’s turbulent and challenging world it is not an organization’s internal research and development activity that is the leading source of innovation, but the organizational environment. As a consequence, transfer of innovative technologies is a tool commonly used to enhance a company’s development. The effectiveness of this undertaking is determined primarily by the technology recipient’s absorptive capacity which is responsible for acquiring strategically valuable technology, its effective assimilation, and using it with desired results in mind. Thus, a company should guarantee the realization of goals it sets for itself when deciding to engage in technology transfer by maintaining a proper perfection level of these specialized abilities. In this paper, the authors make an attempt to gauge the absorptive potential of finance companies operating in Poland in terms of their efficiency in transferring innovative technologies; all based on a survey. As it turns out, realization of this potential confirmed the assumptions made by the authors, hence it has been concluded that how well developed financial companies’ absorptive capacities are has an actual influence both on direct and indirect effects of innovative pro-technology activities based on external sources, which economically justifies making investments in further development of those absorptive abilities.

Keywords: Absorptive capacity; Innovation; Technology transfer; Efficiency; Finance company (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:prbchp:978-3-319-68285-3_5

Ordering information: This item can be ordered from
http://www.springer.com/9783319682853

DOI: 10.1007/978-3-319-68285-3_5

Access Statistics for this chapter

More chapters in Springer Proceedings in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().