The Role of Absorptive Capacity in Innovation and Productivity in Chilean Companies: An Adapted CDM Model Across Industries

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dc.creatorAcevedo, Juan
dc.creatorDíaz-Molina, Iván
dc.date2021-12-27
dc.date.accessioned2022-01-19T13:48:46Z
dc.date.available2022-01-19T13:48:46Z
dc.descriptionDrawing on an adapted CDM model, we present evidence on the role of strategic and operational absorptive capacity on innovation and productivity across industries in developing economies. Using a pooled cross-sectional sample from Chilean innovation surveys, we find that greater absorptive capacity (ACAP) helps firms to increase their innovative investment and the probability of producing technological innovations, which then increases firms’ labor productivity. Additionally, the effect of the strategic dimension is stronger than the operational dimension aspect, which means that the strategy of reaching these external sources might be more important than the skill of a firm´ internal units to acquire and transform external information. We find that while strategic ACAP is a stronger predictor of investment and technological innovation in both manufacturing and services companies, but operational ACAP has differing effects.en-US
dc.description.abstractDrawing on an adapted CDM model, we present evidence on the role of strategic and operational absorptive capacity on innovation and productivity across industries in developing economies. Using a pooled cross-sectional sample from Chilean innovation surveys, we find that greater absorptive capacity (ACAP) helps firms to increase their innovative investment and the probability of producing technological innovations, which then increases firms’ labor productivity. Additionally, the effect of the strategic dimension is stronger than the operational dimension aspect, which means that the strategy of reaching these external sources might be more important than the skill of a firm´ internal units to acquire and transform external information. We find that while strategic ACAP is a stronger predictor of investment and technological innovation in both manufacturing and services companies, but operational ACAP has differing effects.
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dc.identifierhttps://www.jotmi.org/index.php/GT/article/view/3852
dc.identifier.urihttps://repositorio.uahurtado.cl/handle/11242/25794
dc.languageeng
dc.publisherFacultad de Economía y Negocios, Universidad Alberto Hurtadoen-US
dc.relationhttps://www.jotmi.org/index.php/GT/article/view/3852/1396
dc.rightsCopyright (c) 2021 Alejandro Jiménez-Montecinosen-US
dc.rightshttps://creativecommons.org/licenses/by-nc-nd/4.0en-US
dc.sourceJournal of Technology Management & Innovation; Vol. 16 No. 4 (2021); 22-35en-US
dc.sourceJournal of Technology Management & Innovation; Vol. 16 Núm. 4 (2021); 22-35es-ES
dc.source0718-2724
dc.subjectinnovationen-US
dc.subjectabsorptive capacityen-US
dc.subjectproductivityen-US
dc.subjectCDM modelen-US
dc.titleThe Role of Absorptive Capacity in Innovation and Productivity in Chilean Companies: An Adapted CDM Model Across Industriesen-US
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion
dc.typeArtículo revisado por paresen-US

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