Relational capital as a determinant factor of external knowledge absorptive capacity for innovation: an empirical study in Mexican pharmaceutical industry

Absorptive capacity understood as the appropriation of external knowledge to optimize firm innovation results when the internal determinants are favorable, has gained worldwide attention during the last decade. The aim of this quantitative, non-experimental, cross-sectional, co-relational-causal res...

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Bibliographic Details
Published in:Journal of competitiveness studies 2014-09, Vol.22 (3-4), p.168
Main Authors: Canto-Valencia, Herlinda, Vera-Arenas, Estela, Rivero-Villar, Maria Josefina
Format: Article
Language:English
Subjects:
Innovations
Pharmaceutical industry
Online Access:Get full text
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Summary:Absorptive capacity understood as the appropriation of external knowledge to optimize firm innovation results when the internal determinants are favorable, has gained worldwide attention during the last decade. The aim of this quantitative, non-experimental, cross-sectional, co-relational-causal research is to evaluate the existing relationship between relational capital -one of the firm's determinants- and the realized absorptive capacity of external knowledge in its transformation and exploitation dimensions. This research concludes that there is a positive and significant relationship between relational capital and realized absorptive capacity.
ISSN:2330-4103