Solving the knowledge filter puzzle: absorptive capacity, entrepreneurship and regional development

Qian, Haifeng; Jung, Hyejin

doi:10.1007/s11187-016-9769-y

Cited by 64 publications

(47 citation statements)

References 52 publications

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“…Engelen et al, (2015) stated that entrepreneurial orientation influences absorptive capacity and absorptive capacity can be a variable that mediates entrepreneurial orientation influencing company performance. Qian & Jung (2017) argue that entrepreneurial orientation indeed affect company absorptive capacity.…”

Section: Entrepreneurial Orientationmentioning

confidence: 99%

The Mediated Role of Absorptive Capacity in the Relationship between Technology, Learning, Entrepreneurial Orientation and Performance of Hotel Industry in Bali, Indonesia

Sugiyanto¹,

Husin²,

Wahyudi³

2019

theijbm

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The growth of hotel development in Bali Indonesia has increased rapidlythus severe competition occurred in the hotel business (Adriansyah &Afiff, 2015). The emerge of accommodationsubstitutions such as on AirBnB, RedDorz, Residence, Villas, Capsule Rooms, Apartments, Sharing Rooms, and boarding houses contribute to the vast competition (Susilowardhani & Wiastuti, 2016). In addition, the presence of this substitution act as a solution for tourists who are looking for affordable accommodation (Susilowardhani & Wiastuti, 2016). Therefore, good company performance is required to sustain in the competition environment (Hinson, Abdul-Hamid & Osabutey, 2017). Study conducted by Lin & Wu (2014), views the use of resources based on company aims to produce competitive advantages and oriented to customer (Jalilvand, 2017). Resource based view implementation is also a strategic choice so that company able to compete with competitors (Otola, Ostraszewska & Tylec, 2013). Company will survive and sustain if only able to adapt in implementing the learning orientation (Hakala & Kohtamäki, 2011). Furthermore, learning orientation is crucial in recognizing the value of new information, assimilate it, and apply it to commercial purposes(Kharabsheh et al., 2017).In order to deal with competition, various businesses should prioritize competitive advantages compared to similar companies, including for hotel (Jalilvand et al., 2018). Rezazadeh et al. (2016) states that technology orientation affects the success of companies to compete with competitors.Ability in the application and utilization of the latest technology is one advantage that is not easily imitated by competitors (Al-Ansari, Altalib & Sardo, 2013). This is also in line with Lichtenthaler (2016) study that shows how technology orientation determinethe increase of company performance of with absorptive capacity as a mediating

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Section: Entrepreneurial Orientationmentioning

confidence: 99%

The Mediated Role of Absorptive Capacity in the Relationship between Technology, Learning, Entrepreneurial Orientation and Performance of Hotel Industry in Bali, Indonesia

Sugiyanto¹,

Husin²,

Wahyudi³

2019

theijbm

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“…By contrast, building on Cohen and Levinthals' (1990) and Qian and Acs' (2013) consideration of firms' absorptive capacities, Qian and Jung (2017) emphasize that incumbent firms can constitute a meaningful complement for the effective penetration of knowledge filters. Defining absorptive capacity as "an ability to recognize the value of new information, assimilate it, and apply it to commercial end" (Cohen & Levinthal, 1990, p 128), they show that high absorptive capacities of regional incumbents are associated with positive regional development.…”

Section: Introductionmentioning

confidence: 98%

Knowledge Spillovers and Absorptive Capacity—Institutional Evidence from the “German Mittelstand”

Proeger

2018

J Knowl Econ

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Recent extensions to the knowledge spillover theory of entrepreneurship (KSTE) show that the successful commercialization of new knowledge by incumbents depends on their absorptive capacities. For policy-makers focusing on increasing incumbents' innovative performance, the systematic reduction of knowledge filter through improved absorptive capacities thus becomes a crucial goal. While the general working mechanisms of knowledge filter have been analyzed within the KSTE framework, few institutional solutions to increase absorptive capacities have been put forth. This study provides an initial case study explaining a specific institutional framework fostering the systematic penetration of knowledge filters by incumbent firms in the case of German SMEs. Using a set of 177 in-depth interviews with firm representatives, the system of interrelated organizations, institutional arrangements, shared values and economic incentives associated with the institutional structures for knowledge spillovers for German SMEs are described. I identify institutional characteristics connected to the dual system of vocational training, regulatory measures and economic incentives mutually enforcing and fostering broad knowledge spillovers. This exploratory approach enables deriving hypotheses for the further study of knowledge filters as well as policy implications for the design of institutions increasing incumbents' absorptive capacities.

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“…This paper also considers the influence that the education and experience of the initial founders have on the creation of new ventures [25,26]. These characteristics are essential for identifying entrepreneurial opportunities that generate revenue in start-ups and increases the opportunities for business survival [27]. In essence, CEOs require a necessary skillset to materialize a business idea into the development of a new company [28].…”

Section: Introductionmentioning

confidence: 99%

The Effects of Knowledge Spillovers and Accelerator Programs on the Product Innovation of High-Tech Start-Ups: A Multiple Case Study

Cuvero

Granados

Pilkington

2022

IEEE Trans. Eng. Manage.

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The Knowledge Spillover Theory of Entrepreneurship (KSTE) explores the effects that new knowledge and proximity have on the exploitation of entrepreneurial opportunities and the resultant creation of start-ups. This paper aims to identify the types of knowledge spillovers that affect entrepreneurs in the early stages of start-up development. A conceptual model is proposed, using a multi-case study approach involving High-Tech start-ups that have attended accelerator and incubator programmes in Greater London, United Kingdom (UK). The research involved 32 semistructured interviews with Chief Executive Officers (CEOs) and co-founders of start-up companies. Our findings suggest that entrepreneurs are influenced by various forms of knowledge spillover which assist in determining the strategic decision of the company, in terms of formation, including partnerships or alliances, allocation of Research and Development (R&D) budgets, and engagement in product innovation. Further observations confirm that High-tech start-ups focus on a fast pace of constant product innovation to cover identified gaps in the market. One significant finding is that start-ups use various technological platforms to access knowledge spillovers which challenges the ideas of geographical proximity present in existing KSTE understanding.

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Solving the knowledge filter puzzle: absorptive capacity, entrepreneurship and regional development

Abstract: New growth theory addresses the important role of knowledge in regional economic growth.

Cited by 64 publications

References 52 publications

The Mediated Role of Absorptive Capacity in the Relationship between Technology, Learning, Entrepreneurial Orientation and Performance of Hotel Industry in Bali, Indonesia

The Mediated Role of Absorptive Capacity in the Relationship between Technology, Learning, Entrepreneurial Orientation and Performance of Hotel Industry in Bali, Indonesia

Knowledge Spillovers and Absorptive Capacity—Institutional Evidence from the “German Mittelstand”

The Effects of Knowledge Spillovers and Accelerator Programs on the Product Innovation of High-Tech Start-Ups: A Multiple Case Study

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