Absorptive Capacity for R&D: The Identification of Different Firm Profiles

Being competitive requires continuously performing product and process innovations nowadays. Because of this reason, the absorption of externally generated R&D is increasingly important for companies. It is well known that companies differ regarding their aptitude for knowledge absorption. This...

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Bibliographic Details
Published in:European planning studies 2010-08, Vol.18 (8), p.1267-1283
Main Authors: Rodríguez-Castellanos, Arturo, Hagemeister, Markus, Ranguelov, Stanislav
Format: Article
Language:English
Subjects:
Basque Country
Competitiveness
Conglomerates
Economic performance
Firm theory
Innovation
Knowledge management
R&D
Research & development
Research and development
Spain
Studies
Technology transfer
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Summary:Being competitive requires continuously performing product and process innovations nowadays. Because of this reason, the absorption of externally generated R&D is increasingly important for companies. It is well known that companies differ regarding their aptitude for knowledge absorption. This paper aims at the identification of different firm profiles by means of the identification and valuation of drivers that support the absorption of external R&D. For this, we have carried out an empirical work that is based on a random sample of companies located in the northern Spanish county of Biscay. We identify four company conglomerates according to their attitude to absorb externally generated R&D.
ISSN:0965-4313
1469-5944
DOI:10.1080/09654311003791317