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The determinants of the growth of absorptive capacity based on an open innovation perspective: A case study

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4 Author(s)
Jin Chen ; National Institute for Innovation Management, Zhejiang University, Hangzhou, China ; Wangfang Li ; Wim Vanhaverbeke ; Zijun Jiang

Open innovation provides a framework how firms can benefit from external sources of knowledge. Absorptive capacity explains how firms can create and capture value from in-sourcing external knowledge. Therefore, absorptive capacity and open innovation should be linked to each other. In this study, we provide theoretical model and evidence from a case study how innovating firms in rapidly developing economies have to develop absorptive capacity through a combination of exploitation of the existing knowledge base, R&D investments, learning initiatives, and a open innovation network. This model, gives a better understanding how absorptive capacity is developed.

Published in:

2008 IEEE International Conference on Industrial Engineering and Engineering Management

Date of Conference:

8-11 Dec. 2008