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Absorptive Capacity and the Identification of Opportunities in New Technology-Based Firms
Halmstad University, School of Business, Engineering and Science, Centre for Innovation, Entrepreneurship and Learning Research (CIEL). University of Gothenburg, Gothenburg, Sweden & University of Iceland, Reykjavik, Iceland.ORCID iD: 0000-0002-8563-9078
Reykjavik University Center for Research on Innovation and Entrepreneurship, Reykjavik, Iceland.
2017 (English)In: Technovation, ISSN 0166-4972, E-ISSN 1879-2383, Vol. 64-65, p. 43-49Article in journal (Refereed) Published
Abstract [en]

The purpose of this work is to investigate relationships between knowledge and opportunities in new ventures. More specifically, this work proposes and empirically tests how potential absorptive capacity is related with the identification of opportunities in new technology-based firms (NTBFs). To take into account the unique nature of NTBFs we divide potential absorptive capacity into problem absorptive capacity, i.e. the ability to identify and acquire knowledge of the goals, aspirations and needs of current and potential customers, and solution absorptive capacity, i.e. the ability to identify and acquire external knowledge of solutions to fulfill them. We develop three hypotheses, which predict that both problem absorptive capacity and solution absorptive capacity will be positively related with the identification of opportunities in NTBFs and that they will reinforce each other. The findings support the importance of making a distinction between the two proposed dimensions of potential absorptive capacity and shed light on their effectiveness and interaction for the identification of opportunities. © 2017 Elsevier Ltd

Place, publisher, year, edition, pages
Kidlington: Pergamon Press, 2017. Vol. 64-65, p. 43-49
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Business Administration
Identifiers
URN: urn:nbn:se:hh:diva-38628DOI: 10.1016/j.technovation.2017.06.001ISI: 000408782600004Scopus ID: 2-s2.0-85021760826OAI: oai:DiVA.org:hh-38628DiVA, id: diva2:1271233
Available from: 2018-12-17 Created: 2018-12-17 Last updated: 2019-01-02Bibliographically approved

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Saemundsson, Rögnvaldur

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
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  • vancouver
  • Other style
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  • de-DE
  • en-GB
  • en-US
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  • nn-NB
  • sv-SE
  • Other locale
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Output format
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