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Title: | The relevance of absorptive capacity in firms’ innovation strategies measured via bibliometric analysis |
Authors: | Vlačić, Ernest Dabić, Marina Božac, Marli Gonan |
Keywords: | Absorptive capacity (Economics) Strategic planning Bibliometrics |
Issue Date: | 2020 |
Publisher: | Governance Research and Development Centre, Croatia & University of Malta, Faculty of Economics, Management and Accountancy, Department of Insurance |
Citation: | Vlačić, E., Dabić, M., & Božac, M. G. (2020). The relevance of absorptive capacity in firms’ innovation strategies measured via bibliometric analysis. Journal of Corporate Governance, Insurance, and Risk Management, 7(1), 1-14. |
Abstract: | Absorptive capacity (ACAP) as a function of systematic knowledge management is widely recognized as the catalyst for successful innovation performance in firms, particularly when it comes to identifying business opportunity information from the outside world and assimilating it into a firm’s innovation process. The concept of absorptive capacity became a widely researched topic in the area of organization and management, consequently, the definition of the ACAP components, its operationalization and outcomes, is extremely heterogeneous and has greatly affected the research production on ACAP. Therefore, the question arising is: Which approach to absorptive capacity will enable it is being truly recognized as a concept at a global level, and in which areas of economy and business is ACAP most frequently encountered, particularly when it is connected to innovation processes? Based on a sample of 1288 papers within Web of Science Core Collection, this paper presents a bibliometric analysis of relevant publications on ACAP with the specific aim of gaining a deeper insight into the relevance of the impact of absorptive capacity on a firm’s innovation strategy. The results were systematized in a form of quantitative bibliographic review. The purpose of the analysis was to determine the existing level of the empirical and theoretical efforts in the research on ACAP, with a particular focus on firms and their innovation processes as well as knowledge management processes. |
Description: | This article was presented at the 5th International OFEL Conference on Governance, Management and Entrepreneurship. The Paradoxes of Leadership and Governance in the Postmodern Society. (April 7th – 8th, 2017, Dubrovnik, Croatia, Governance Research and Development Centre CIRU), Zagreb, pp. 438-450. |
URI: | https://www.um.edu.mt/library/oar/handle/123456789/66684 |
Appears in Collections: | JCGIRM, Volume 7, Issue 1, 2020 |
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The Relevance of absorptive capacity in firms’ innovation strategies.pdf | 286.48 kB | Adobe PDF | View/Open |
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