Absorptive capacity, innovation, and financial performance

Kostopoulos, Konstantinos, Papalexandris, Alexandros, Papachroni, Margarita and Ioannou, George (2011) Absorptive capacity, innovation, and financial performance. Journal of Business Research, 64 (12). pp. 1335-1343.

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Abstract

This study here examines the role of absorptivecapacity as both a mechanism to identify and translate external knowledge inflows into tangible benefits, as well as a means of achieving superior innovation and time-lagged financialperformance. Using path analysis in a sample of 461 Greek enterprises participating in the third Community Innovation Survey, this study demonstrates that external knowledge inflows are directly related to absorptivecapacity and indirectly related to innovation. Absorptivecapacity contributes, directly and indirectly, to innovation and financialperformance but in different time spans. This study, therefore, contributes to the understanding of absorptivecapacity's antecedents and outcomes by providing empirical evidence of longitudinal form that offers important research and practical implications.

Item Type: Article
Faculty \ School: Faculty of Social Sciences > Norwich Business School
Depositing User: Elle Green
Date Deposited: 29 Oct 2012 14:27
Last Modified: 21 Nov 2022 14:30
URI: https://ueaeprints.uea.ac.uk/id/eprint/39979
DOI: 10.1016/j.jbusres.2010.12.005

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