Absorptive capacity for radical innovation
Pascal Le Masson (),
Patrick Cogez,
Yacine Felk and
Benoit Weil ()
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Pascal Le Masson: CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique
Patrick Cogez: STMicroelectronics
Yacine Felk: STMicroelectronics
Benoit Weil: CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique
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Abstract:
Absorptive capacity is one of the most important constructs to emerge in organizational research in recent decades for gaining insight into the link between knowledge and innovation. In 1989, Cohen and Levinthal analyzed the role of R&D in this context and distinguished "information generation" and the "ability to assimilate and exploit existing information" for innovation purposes [5]. They proposed a model of this second, less recognized capacity. They define Absorptive Capacity (AC) as the organizational capability to organize value and assimilate external knowledge in order to increase firm innovativeness. They assume that AC is a dynamic capability that depends on prior related knowledge in the form and combines value recognition of the missing knowledge, its assimilation and application.
Keywords: Absorptive capacity; Dynamic capabilities; External knowledge; Gaining insights; Information generation; Innovativeness; Organizational capabilities; Organizational research; Radical innovation; Semiconductor industry; Industrial management; Semiconductor device manufacture (search for similar items in EconPapers)
Date: 2011-06-27
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Citations: View citations in EconPapers (4)
Published in 1st International Technology Management Conference, ITMC 2011, Jun 2011, San Jose, United States. pp.Article number 5996032, Pages 601-614, ⟨10.1109/ITMC.2011.5996032⟩
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00660168
DOI: 10.1109/ITMC.2011.5996032
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