Absorptive capacity and smart companies

Absorptive Capacity and Knowledge Transfer between Venture Capital Firms and Their Portfolio Companies

The ability to accumulate new knowledge constitutes a driving force in the development and growth of young firms. Through interorganizational relationships firms can get access to external knowledge and combine it with existing knowledge. In this paper we focus on the relationship between the Venture Capital firm and its Portfolio Companies. Our premise is that the more absorptive capacity both...

Social Networks and Absorptive Capacity

The resource-based view of the firm regards knowledge as one of the most important organizational assets and a key strategic resource that contributes unique value to organizations. The acquisition, absorption and internalization of external knowledge are central to an organization’s innovative capabilities. This ability to evaluate, acquire and integrate new knowledge from its environment is r...

What Determines Absorptive Capacity

The paper empirically analyses the effect of R&D activities, human resource and knowledge management, and the organisation of knowledge sharing within a firm on the absorptive capacity of innovative firms. Using data from the German innovation survey we investigate how firms are able to exploit knowledge from external partners for successful innovation activities. We distinguish between three t...

The absorptive capacity of family firms – How familiness affects potential and realized absorptive capacity

Relational Absorptive Capacity: Preliminary Empirical Evidence for a Relational Theory of Absorptive Capacity in Supply Chains

Relational Absorptive Capacity (RAC) is presented as an extension of the theory of Absorptive Capacity for the purpose of understanding innovation in supply chain relationships. RAC is the ability of a firm to recognize the value of new knowledge from a supply chain partner, assimilate it, and apply it for mutual benefit. The paper builds theory by developing a comprehensive multi-facet model o...