Absorptive capacity, innovation, and financial performance

Konstantinos Kostopoulos; Alexandros Papalexandris; Margarita Papachroni; George Ioannou

doi:10.1016/j.jbusres.2010.12.005

Absorptive capacity, innovation, and financial performance

Konstantinos Kostopoulos, Alexandros Papalexandris, Margarita Papachroni, George Ioannou

Norwich Business School

Research output: Contribution to journal › Article › peer-review

518 Citations (Scopus)

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.

Original language	English
Pages (from-to)	1335-1343
Number of pages	9
Journal	Journal of Business Research
Volume	64
Issue number	12
DOIs	https://doi.org/10.1016/j.jbusres.2010.12.005
Publication status	Published - Dec 2011

Access to Document

10.1016/j.jbusres.2010.12.005

Cite this

@article{da6be2ba69ef49e193cd674597b37b3c,

title = "Absorptive capacity, innovation, and financial performance",

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.",

author = "Konstantinos Kostopoulos and Alexandros Papalexandris and Margarita Papachroni and George Ioannou",

year = "2011",

month = dec,

doi = "10.1016/j.jbusres.2010.12.005",

language = "English",

volume = "64",

pages = "1335--1343",

journal = "Journal of Business Research",

issn = "0148-2963",

publisher = "Elsevier",

number = "12",

}

TY - JOUR

T1 - Absorptive capacity, innovation, and financial performance

AU - Kostopoulos, Konstantinos

AU - Papalexandris, Alexandros

AU - Papachroni, Margarita

AU - Ioannou, George

PY - 2011/12

Y1 - 2011/12

N2 - 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.

AB - 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.

U2 - 10.1016/j.jbusres.2010.12.005

DO - 10.1016/j.jbusres.2010.12.005

M3 - Article

VL - 64

SP - 1335

EP - 1343

JO - Journal of Business Research

JF - Journal of Business Research

SN - 0148-2963

IS - 12

ER -