Please use this identifier to cite or link to this item:
https://hdl.handle.net/20.500.14279/32216
Title: | Absorptive capacity components: Performance effects in related and unrelated diversification | Authors: | Kretschmer, Tobias Symeou, Pavlos C. |
Major Field of Science: | Social Sciences | Field Category: | Economics and Business | Keywords: | Absorptive capacity;Acquisition ability;Assimilation ability;Exploitation ability;Related diversification;Unrelated diversification | Issue Date: | Apr-2024 | Source: | Long Range Planning, 2024, vol. 57, no. 2, articl. no. 102416 | Volume: | 57 | Issue: | 2 | Journal: | Long Range Planning | Abstract: | We study how firms can benefit from external knowledge resources contingent on absorptive capacity. We separate the three components of absorptive capacity – acquiring, assimilating, and exploiting external knowledge – and posit that the benefits of a firm’s knowledge expansion through diversification into related and unrelated business domains differ by the firm’s relative emphasis on the three components. We test our predictions on a panel of 153 large US-traded ICT firms. Our analysis broadly supports our hypotheses, highlighting the unique contribution of individual absorptive capacity components to organizational learning through diversification strategy. | URI: | https://hdl.handle.net/20.500.14279/32216 | ISSN: | 18731872 | DOI: | 10.1016/j.lrp.2024.102416 | Rights: | © The Author(s). Published by Elsevier Ltd. This is an open access article under the CC BY license | Type: | Article | Affiliation : | Cyprus University of Technology Ludwig Maximilian University of Munich |
Publication Type: | Peer Reviewed |
Appears in Collections: | Άρθρα/Articles |
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1-s2.0-S0024630124000037-main.pdf | Fulltext | 1.98 MB | Adobe PDF | View/Open |
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