Absorptive Capacity in Inbound and Outbound Open Innovation in Emerging Economy context
Palabras clave:
Absorptive capacity, incoming open innovation, outgoing open innovation
Resumen
The knowledge society is characterized by competitive and complex business environments, a situation that forces companies to develop permanent innovation processes to generate competitive advantages that allow them to survive in a new business environment. In response to this premise, dynamic capabilities and specifically Absorptive Capacity (ACAP), is the most relevant capacity to obtain higher levels of organizational performance. In this context, this study analyzed whether ACAP influences the development of inbound and outbound open innovation. Through surveys directed at 252 managers of SMEs that offer technology services in an emerging economy, and using the PLS-SEM technique, it was evidenced that ACAP has a positive relationship with Inbound and Outbound Open Innovation. The results reveal that the application of innovation models requires the development of dynamic capabilities, mainly absorptive capacity, with four of its components: assimilation, acquisition, transformation and exploitation. Organizations must adopt strategies to correctly detect and absorb external knowledge in order to establish an adequate connection with internal knowledge and, in this way, take advantage of the benefits inherent to open innovation.
Citas
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• Aliasghar, O., Rose, E. L., & Chetty, S. (2019). Building absorptive capacity through firm openness in the context of a less-open country. Industrial Marketing Management, 83, 81-93. https://doi.org/10.1016/j.indmarman.2018.11.007
• Analoui, B., Doloriert, C., & Sambrrok, S. (2013). Leadership and knowledge management in UK ICT organizations. Journal of Management Development, 32(1), 4-17. https://doi.org/10.1108/02621711311286892
• Cenamor, J., Parida, V., Oghazi, P., Pesämaa, O., & Wincent, J. (2019). Addressing dual embeddedness: The roles of absorptive capacity and appropriability mechanisms in subsidiary performance. Industrial Marketing Management, 78, 239-249. https://doi.org/10.1016/j.indmarman.2017.06.002
• Chabbouh, H., & Boujelbene, Y. (2022). Open innovation, dynamic organizational capacities and innovation performance in SMEs: Empirical evidence in the Tunisian manufacturing industry. The International Journal of Entrepreneurship and Innovation, 1-13. https://doi-org.ezproxybib.pucp.edu.pe/10.1177/14657503211066014
• Chen, Q., & Liu, Z. (2018). How does openness to innovation drive organizational ambidexterity? The mediating role of organizational learning goal orientation. IEEE Transactions on Engineering Management, 66(2), 156-169. https://doi.org/10.1109/TEM.2018.2834505
• Chesbrough, H. W. (2003). Open innovation: The new imperative for creating and profiting from technology. Harvard Business Press.
• Chesbrough, H., & Bogers, M. (2014). Explicating open innovation: Clarifying an emerging paradigm for understanding innovation. New Frontiers in Open Innovation. Oxford: Oxford University Press, Forthcoming, 3-28.
• Choi, S., & McNamara, G. (2018). Repeating a familiar pattern in a new way: The effect of exploitation and exploration on knowledge leverage behaviors in technology acquisitions. Strategic Management Journal, 39(2), 356-378. https://doi.org/10.1002/smj.2677
• Cohen, W. M., & Levinthal, D. A. (1990). Absorptive capacity: A new perspective on learning and innovation. Administrative science quarterly, 35(1), 128-152. https://doi.org/10.2307/2393553
• Daspit, J. J., & D’Souza, D. E. (2013). Understanding the multi-dimensional nature of absorptive capacity. Journal of Managerial Issues, 25(3), 299-316. https://www.jstor.org/stable/43488823
• Doppio, N., Väinämö, S., & Haukipuro, L. (2020). Design elements of innovation contests supporting Open Innovation in SMEs-An action research study. Journal of Innovation Management, 8(4), 26-56.
• Feniser, C., Lungu, F., & Bilbao, J. (2017). The connection between absorptive capacity and open innovation in managerial perspective. In MATEC Web of Conferences (Vol. ١٢١, p. ٠٧٠٠٨). EDP Sciences. https://doi.org/10.1051/matecconf/201712107008
• García-Sánchez, E., García-Morales, V. J., & Martín-Rojas, R. (2018). Analysis of the influence of the environment, stakeholder integration capability, absorptive capacity, and technological skills on organizational performance through corporate entrepreneurship. International Entrepreneurship and Management Journal, 14(2), 345-377. https://doi.org/10.1007/s11365-017-0436-9
• Hair Jr, J. F., Matthews, L. M., Matthews, R. L, & Sarstedt, M. (2017). PLS-SEM or CB-SEM: updated guidelines on which method to use. International Journal of Multivariate Data Analysis, 1(2), 107-123.
• Hughes, B., & Wareham, J. (2010). Knowledge arbitrage in global pharma: a synthetic view of absorptive capacity and open innovation. R&D Management, 40(3), 324-343.
• Ibarra-Cisneros, M. A., del Rosario Demuner-Flores, M., & Hernández-Perlines, F. (2021). Strategic orientations, firm performance and the moderating effect of absorptive capacity. Journal of Strategy and Management, 14(4), 582-611. https://doi.org/10.1108/JSMA-05-2020-0121
• Johnston, K. A., & Lane, A. B. (2018). Building relational capital: The contribution of episodic and relational community engagement. Public Relations Review, 44(5), 633-644. https://doi.org/10.1016/j.pubrev.2018.10.006
• Kline, R. B. (2023). Principles and practice of structural equation modeling. Guilford publications.
• Lauritzen, G. D., & Karafyllia, M. (2019). Perspective: leveraging open innovation through paradox. Journal of Product Innovation Management, 36(1), 107-121.
• Lenart-Gansiniec, R., Czakon, W., & Pellegrini, M. M. (2021). In search of virtuous learning circles: absorptive capacity and its antecedents in the education sector. Journal of Knowledge Management, 26(11), 42-70. https://doi.org/10.1108/JKM-04-2021-0310
• Lewandowska, M. S. (2015). Capturing absorptive capacity: concepts, determinants, measurement modes and role in open innovation. International Journal of Management and Economics, 45(1), 32-56. http://www.sgh.waw.pl/ijme/
• Liao, S., Fu, L., & Liu, Z. (2020). Investigating open innovation strategies and firm performance: the moderating role of technological capability and market information management capability. Journal of Business & Industrial Marketing, 35(1), 23-34. https://doi.org/10.1108/JBIM-01-2018-0051
• Majhi, S. G., Snehvrat, S., Chaudhary, S. & Mukherjee, A. (2020). The Synergistic Role of Individual Absorptive Capacity and Individual Ambidexterity in Open Innovation: A Moderated-Mediation Model. International Journal of Innovation Management, 24(7). 281-303. https://doi.org/10.1142/9781800610316_0010
• Medina-Nogueira, Y. E., Assafiri-Ojeda, Y. E., Nogueira-Rivera, D, Medina-León, A, & Medina-Nogueira, D. (2020). Procedimiento de análisis redes sociales: herramienta de auditoría de gestión del conocimiento. Ingeniería Industrial, 41(1).
• Molina Morales, F. X., De Marchi, V., & Martínez-Cháfer, L. (2021). Absorptive capacity and radical innovation in industrial districts. Technology Analysis & Strategic Management, 1-13. https://doi.org/10.1080/09537325.2020.1869207
• Naqshbandi, M. M., & Jasimuddin, S. M. (2022). The linkage between open innovation, absorptive capacity and managerial ties: A cross-country perspective. Journal of Innovation & Knowledge, 7(2), 100167. https://doi.org/10.1016/j.jik.2022.100167
• Naqshbandi, M. M., & Kaur, S. (2014). Do managerial ties support or stifle open innovation? Industrial Management & Data Systems, 114(4), 652-675. https://doi.org/10.1108/IMDS-10-2013-0407
• Naqshbandi, M. M., & Kaur, S. (2016). Do managerial ties support or stifle open innovation? Industrial Management & Data Systems, 114(4), 652-675. https://doi.org/10.1108/IMDS-10-2013-0407
• Narangoda, K., Samarasighe, D., & Kuruppu, G. (2019). Open Innovation Driven Absorptive Capacity Towards Customer Functional Value Creation: A Case in the Sri Lankan ICT Sector SMEs. In 2019 Moratuwa Engineering Research Conference (MERCon) (pp. ٥٦٢-٥٦٧), IEEE. https://doi.org/10.1109/MERCon.2019.8818830
• Parida, V., Westerberg, M., & Frishammar, J. (2012). Inbound open innovation activities in high‐tech SMEs: the impact on innovation performance. Journal of small business management, 50(2), 283-309.
• Patel, P. C., Terjesen, S. & Li, D. (2012). Enhancing effects of manufacturing flexibility through operational absorptive capacity and operational ambidexterity. Journal of Operations Management, 30(3), 201-220. https://doi.org/10.1016/j.jom.2011.10.004
• Popa, S., Soto-Acosta, P., & Martinez-Conesa, I. (2017). Antecedents, moderators, and outcomes of innovation climate and open innovation: An empirical study in SMEs. Technological Forecasting and Social Change, 118, 134-142. https://doi.org/10.1016/j.techfore.2017.02.014
• Rangus, K., & Slavec, A. (2017). The interplay of decentralization, employee involvement and absorptive capacity on firms’ innovation and business performance. Technological Forecasting and Social Change, 120, 195-203. https://doi.org/10.1016/j.techfore.2016.12.017
• Rass, M., Dumbach, M., Danzinger, F., Bullinger, A. C., & Moeslein, K. M. (2013). Open innovation and firm performance: the mediating role of social capital. Creativity and innovation management, 22(2), 177-194. https://doi.org/10.1111/caim.12028
• Ready, D. A., & Conger, J. A. (2007). Make your company a talent factory. Harvard business review, 85(6), 68
• Rothaermel, F. T., & Thursby, M. (2005). University–incubator firm knowledge flows: assessing their impact on incubator firm performance. Research Policy, 34(3), 305-320. https://doi.org/10.1016/j.respol.2004.11.006
• Sánchez, D. L. G. (2021). El impacto de la capacidad de absorción potencial del conocimiento sobre la innovación en marketing. Contaduría y Administration, 66(2). https://doi.org/10.22201/fca.24488410e.2021.2294
• Schilke, O., Hu, S., & Helfat, C. E. (2018). Quo vadis, dynamic capabilities? A content-analytic review of the current state of knowledge and recommendations for future research. Academy of Management Annals, 12(1), 390-439. https://doi.org/10.5465/annals.2016.0014
• Stanisławski, R. (2020). Open innovation as a value chain for small and medium-sized enterprises: Determinants of the use of open innovation. Sustainability, 12(8), 3290. https://doi.org/10.3390/su12083290
• Teece, D. J., Pisano, G., & Shuen, A. (1997). Dynamic capabilities and strategic management. Strategic management journal, 18(7), 509-533. https://doi.org/10.1002/(SICI)1097-0266(199708)18:7<509::AID-SMJ882>3.0.CO;2-Z
• Tzokas, N., Kim, Y. A., Akbar, H., & Al-Dajani, H. (2015). Absorptive capacity and performance: The role of customer relationship and technological capabilities in high-tech SMEs. Industrial Marketing Management, 47, 134-142. https://doi.org/10.1016/j.indmarman.2015.02.033.
• Vanhaverbeke, W., & Cloodt, M. (2014). Theories of the firm and open innovation. New frontiers in open innovation, 256-278. https://doi.org/10.1093/acprof:oso/9780199682461.003.0014
• Vigren, O., Kadefors, A., & Eriksson, K. (2022). Digitalization, innovation capabilities and absorptive capacity in the Swedish real estate ecosystem. Facilities, 40(15), 89-106. https://doi.org/10.1108/F-07-2020-0083
• Wu, S., Ding, X., Liu, R., & Gao, H. (2019). How does IT capability affect open innovation performance? The mediating effect of absorptive capacity. European Journal of Innovation Management, 24(1), 43-65. https://doi.org/10.1108/EJIM-02-2019-0043
• Yu, Y., & Huo, B. (2019). The impact of environmental orientation on supplier green management and financial performance: The moderating role of relational capital. Journal of cleaner production, 211, 628-639. https://doi.org/10.1016/j.jclepro.2018.11.198
• Yu, X., & Washida, Y. (2018, August). How Should Japanese Companies Build Absorptive Capacity at the Team Level? The Key Role of Gatekeeper and Combinative Capabilities. In 2018 Portland International Conference on Management of Engineering and Technology (PICMET) (pp. 1-8). IEEE.
• Zhao, S., Jiang, Y., Peng, X., & Hong, J. (2020). Knowledge sharing direction and innovation performance in organizations. European Journal of Innovation Management, 24(2), 371-394. https://doi.org/10.1108/EJIM-09-2019-0244
• Zobel, A. K. (2017). Benefiting from open innovation: A multidimensional model of absorptive capacity. Journal of Product Innovation Management, 34(3), 269-288. https://doi.org/10.1111/jpim.12361
• Aliasghar, O., Rose, E. L., & Chetty, S. (2019). Building absorptive capacity through firm openness in the context of a less-open country. Industrial Marketing Management, 83, 81-93. https://doi.org/10.1016/j.indmarman.2018.11.007
• Analoui, B., Doloriert, C., & Sambrrok, S. (2013). Leadership and knowledge management in UK ICT organizations. Journal of Management Development, 32(1), 4-17. https://doi.org/10.1108/02621711311286892
• Cenamor, J., Parida, V., Oghazi, P., Pesämaa, O., & Wincent, J. (2019). Addressing dual embeddedness: The roles of absorptive capacity and appropriability mechanisms in subsidiary performance. Industrial Marketing Management, 78, 239-249. https://doi.org/10.1016/j.indmarman.2017.06.002
• Chabbouh, H., & Boujelbene, Y. (2022). Open innovation, dynamic organizational capacities and innovation performance in SMEs: Empirical evidence in the Tunisian manufacturing industry. The International Journal of Entrepreneurship and Innovation, 1-13. https://doi-org.ezproxybib.pucp.edu.pe/10.1177/14657503211066014
• Chen, Q., & Liu, Z. (2018). How does openness to innovation drive organizational ambidexterity? The mediating role of organizational learning goal orientation. IEEE Transactions on Engineering Management, 66(2), 156-169. https://doi.org/10.1109/TEM.2018.2834505
• Chesbrough, H. W. (2003). Open innovation: The new imperative for creating and profiting from technology. Harvard Business Press.
• Chesbrough, H., & Bogers, M. (2014). Explicating open innovation: Clarifying an emerging paradigm for understanding innovation. New Frontiers in Open Innovation. Oxford: Oxford University Press, Forthcoming, 3-28.
• Choi, S., & McNamara, G. (2018). Repeating a familiar pattern in a new way: The effect of exploitation and exploration on knowledge leverage behaviors in technology acquisitions. Strategic Management Journal, 39(2), 356-378. https://doi.org/10.1002/smj.2677
• Cohen, W. M., & Levinthal, D. A. (1990). Absorptive capacity: A new perspective on learning and innovation. Administrative science quarterly, 35(1), 128-152. https://doi.org/10.2307/2393553
• Daspit, J. J., & D’Souza, D. E. (2013). Understanding the multi-dimensional nature of absorptive capacity. Journal of Managerial Issues, 25(3), 299-316. https://www.jstor.org/stable/43488823
• Doppio, N., Väinämö, S., & Haukipuro, L. (2020). Design elements of innovation contests supporting Open Innovation in SMEs-An action research study. Journal of Innovation Management, 8(4), 26-56.
• Feniser, C., Lungu, F., & Bilbao, J. (2017). The connection between absorptive capacity and open innovation in managerial perspective. In MATEC Web of Conferences (Vol. ١٢١, p. ٠٧٠٠٨). EDP Sciences. https://doi.org/10.1051/matecconf/201712107008
• García-Sánchez, E., García-Morales, V. J., & Martín-Rojas, R. (2018). Analysis of the influence of the environment, stakeholder integration capability, absorptive capacity, and technological skills on organizational performance through corporate entrepreneurship. International Entrepreneurship and Management Journal, 14(2), 345-377. https://doi.org/10.1007/s11365-017-0436-9
• Hair Jr, J. F., Matthews, L. M., Matthews, R. L, & Sarstedt, M. (2017). PLS-SEM or CB-SEM: updated guidelines on which method to use. International Journal of Multivariate Data Analysis, 1(2), 107-123.
• Hughes, B., & Wareham, J. (2010). Knowledge arbitrage in global pharma: a synthetic view of absorptive capacity and open innovation. R&D Management, 40(3), 324-343.
• Ibarra-Cisneros, M. A., del Rosario Demuner-Flores, M., & Hernández-Perlines, F. (2021). Strategic orientations, firm performance and the moderating effect of absorptive capacity. Journal of Strategy and Management, 14(4), 582-611. https://doi.org/10.1108/JSMA-05-2020-0121
• Johnston, K. A., & Lane, A. B. (2018). Building relational capital: The contribution of episodic and relational community engagement. Public Relations Review, 44(5), 633-644. https://doi.org/10.1016/j.pubrev.2018.10.006
• Kline, R. B. (2023). Principles and practice of structural equation modeling. Guilford publications.
• Lauritzen, G. D., & Karafyllia, M. (2019). Perspective: leveraging open innovation through paradox. Journal of Product Innovation Management, 36(1), 107-121.
• Lenart-Gansiniec, R., Czakon, W., & Pellegrini, M. M. (2021). In search of virtuous learning circles: absorptive capacity and its antecedents in the education sector. Journal of Knowledge Management, 26(11), 42-70. https://doi.org/10.1108/JKM-04-2021-0310
• Lewandowska, M. S. (2015). Capturing absorptive capacity: concepts, determinants, measurement modes and role in open innovation. International Journal of Management and Economics, 45(1), 32-56. http://www.sgh.waw.pl/ijme/
• Liao, S., Fu, L., & Liu, Z. (2020). Investigating open innovation strategies and firm performance: the moderating role of technological capability and market information management capability. Journal of Business & Industrial Marketing, 35(1), 23-34. https://doi.org/10.1108/JBIM-01-2018-0051
• Majhi, S. G., Snehvrat, S., Chaudhary, S. & Mukherjee, A. (2020). The Synergistic Role of Individual Absorptive Capacity and Individual Ambidexterity in Open Innovation: A Moderated-Mediation Model. International Journal of Innovation Management, 24(7). 281-303. https://doi.org/10.1142/9781800610316_0010
• Medina-Nogueira, Y. E., Assafiri-Ojeda, Y. E., Nogueira-Rivera, D, Medina-León, A, & Medina-Nogueira, D. (2020). Procedimiento de análisis redes sociales: herramienta de auditoría de gestión del conocimiento. Ingeniería Industrial, 41(1).
• Molina Morales, F. X., De Marchi, V., & Martínez-Cháfer, L. (2021). Absorptive capacity and radical innovation in industrial districts. Technology Analysis & Strategic Management, 1-13. https://doi.org/10.1080/09537325.2020.1869207
• Naqshbandi, M. M., & Jasimuddin, S. M. (2022). The linkage between open innovation, absorptive capacity and managerial ties: A cross-country perspective. Journal of Innovation & Knowledge, 7(2), 100167. https://doi.org/10.1016/j.jik.2022.100167
• Naqshbandi, M. M., & Kaur, S. (2014). Do managerial ties support or stifle open innovation? Industrial Management & Data Systems, 114(4), 652-675. https://doi.org/10.1108/IMDS-10-2013-0407
• Naqshbandi, M. M., & Kaur, S. (2016). Do managerial ties support or stifle open innovation? Industrial Management & Data Systems, 114(4), 652-675. https://doi.org/10.1108/IMDS-10-2013-0407
• Narangoda, K., Samarasighe, D., & Kuruppu, G. (2019). Open Innovation Driven Absorptive Capacity Towards Customer Functional Value Creation: A Case in the Sri Lankan ICT Sector SMEs. In 2019 Moratuwa Engineering Research Conference (MERCon) (pp. ٥٦٢-٥٦٧), IEEE. https://doi.org/10.1109/MERCon.2019.8818830
• Parida, V., Westerberg, M., & Frishammar, J. (2012). Inbound open innovation activities in high‐tech SMEs: the impact on innovation performance. Journal of small business management, 50(2), 283-309.
• Patel, P. C., Terjesen, S. & Li, D. (2012). Enhancing effects of manufacturing flexibility through operational absorptive capacity and operational ambidexterity. Journal of Operations Management, 30(3), 201-220. https://doi.org/10.1016/j.jom.2011.10.004
• Popa, S., Soto-Acosta, P., & Martinez-Conesa, I. (2017). Antecedents, moderators, and outcomes of innovation climate and open innovation: An empirical study in SMEs. Technological Forecasting and Social Change, 118, 134-142. https://doi.org/10.1016/j.techfore.2017.02.014
• Rangus, K., & Slavec, A. (2017). The interplay of decentralization, employee involvement and absorptive capacity on firms’ innovation and business performance. Technological Forecasting and Social Change, 120, 195-203. https://doi.org/10.1016/j.techfore.2016.12.017
• Rass, M., Dumbach, M., Danzinger, F., Bullinger, A. C., & Moeslein, K. M. (2013). Open innovation and firm performance: the mediating role of social capital. Creativity and innovation management, 22(2), 177-194. https://doi.org/10.1111/caim.12028
• Ready, D. A., & Conger, J. A. (2007). Make your company a talent factory. Harvard business review, 85(6), 68
• Rothaermel, F. T., & Thursby, M. (2005). University–incubator firm knowledge flows: assessing their impact on incubator firm performance. Research Policy, 34(3), 305-320. https://doi.org/10.1016/j.respol.2004.11.006
• Sánchez, D. L. G. (2021). El impacto de la capacidad de absorción potencial del conocimiento sobre la innovación en marketing. Contaduría y Administration, 66(2). https://doi.org/10.22201/fca.24488410e.2021.2294
• Schilke, O., Hu, S., & Helfat, C. E. (2018). Quo vadis, dynamic capabilities? A content-analytic review of the current state of knowledge and recommendations for future research. Academy of Management Annals, 12(1), 390-439. https://doi.org/10.5465/annals.2016.0014
• Stanisławski, R. (2020). Open innovation as a value chain for small and medium-sized enterprises: Determinants of the use of open innovation. Sustainability, 12(8), 3290. https://doi.org/10.3390/su12083290
• Teece, D. J., Pisano, G., & Shuen, A. (1997). Dynamic capabilities and strategic management. Strategic management journal, 18(7), 509-533. https://doi.org/10.1002/(SICI)1097-0266(199708)18:7<509::AID-SMJ882>3.0.CO;2-Z
• Tzokas, N., Kim, Y. A., Akbar, H., & Al-Dajani, H. (2015). Absorptive capacity and performance: The role of customer relationship and technological capabilities in high-tech SMEs. Industrial Marketing Management, 47, 134-142. https://doi.org/10.1016/j.indmarman.2015.02.033.
• Vanhaverbeke, W., & Cloodt, M. (2014). Theories of the firm and open innovation. New frontiers in open innovation, 256-278. https://doi.org/10.1093/acprof:oso/9780199682461.003.0014
• Vigren, O., Kadefors, A., & Eriksson, K. (2022). Digitalization, innovation capabilities and absorptive capacity in the Swedish real estate ecosystem. Facilities, 40(15), 89-106. https://doi.org/10.1108/F-07-2020-0083
• Wu, S., Ding, X., Liu, R., & Gao, H. (2019). How does IT capability affect open innovation performance? The mediating effect of absorptive capacity. European Journal of Innovation Management, 24(1), 43-65. https://doi.org/10.1108/EJIM-02-2019-0043
• Yu, Y., & Huo, B. (2019). The impact of environmental orientation on supplier green management and financial performance: The moderating role of relational capital. Journal of cleaner production, 211, 628-639. https://doi.org/10.1016/j.jclepro.2018.11.198
• Yu, X., & Washida, Y. (2018, August). How Should Japanese Companies Build Absorptive Capacity at the Team Level? The Key Role of Gatekeeper and Combinative Capabilities. In 2018 Portland International Conference on Management of Engineering and Technology (PICMET) (pp. 1-8). IEEE.
• Zhao, S., Jiang, Y., Peng, X., & Hong, J. (2020). Knowledge sharing direction and innovation performance in organizations. European Journal of Innovation Management, 24(2), 371-394. https://doi.org/10.1108/EJIM-09-2019-0244
• Zobel, A. K. (2017). Benefiting from open innovation: A multidimensional model of absorptive capacity. Journal of Product Innovation Management, 34(3), 269-288. https://doi.org/10.1111/jpim.12361
Publicado
2023-06-14
Cómo citar
Manosalvas Vaca, C. A., Manosalvas Vaca, L., Guerrero Bejarano, M. A., & Silva Siu, D. R. (2023). Absorptive Capacity in Inbound and Outbound Open Innovation in Emerging Economy context. Revista Venezolana De Gerencia, 28(103), 1069-1084. https://doi.org/10.52080/rvgluz.28.103.10
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