Economics, Econometrics and Finance
3 years ago

Strategic absorptive capacity boosts innovation and productivity in Chilean companies.

Journal of technology management & innovation
The Role of Absorptive Capacity in Innovation and Productivity in Chilean Companies: An Adapted CDM Model Across Industries
Juan Pablo Acevedo, Iván Díaz-Molina

Paper Summary

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Absorptive capacity helps Chilean companies increase innovation and productivity. Strategic absorptive capacity is more important than operational absorptive capacity in accessing external sources for innovation. Strategic absorptive capacity predicts investment and technological innovation in both manufacturing and services companies, while operational absorptive capacity has varying effects.