Dyadic specific investments, absorptive capacity, and manufacturers' market knowledge acquisition: Evidence from manufacturer–distributor dyads

2017 ◽  
Vol 78 ◽  
pp. 323-331 ◽  
Author(s):  
Yuan Li ◽  
Victor Cui ◽  
Heng Liu
Keyword(s):  
Knowledge Acquisition ◽  
Absorptive Capacity ◽  
Market Knowledge ◽  
Specific Investments

scholarly journals Effects of Emerging-Economy Firms’ Knowledge Acquisition from an Advanced International Joint Venture Partner on Their Financial Performance Based on the Open Innovation Perspective

2021 ◽  
Vol 7 (1) ◽  
pp. 67
Author(s):  
Choo Yeon Kim ◽  
Eun-Hwa Seo ◽  
Canisha Booranabanyat ◽  
Kwangsoo Kim
Keyword(s):  
Financial Performance ◽  
Knowledge Acquisition ◽  
Absorptive Capacity ◽  
Open Innovation ◽  
Joint Venture ◽  
Emerging Economy ◽  
Innovation Performance ◽  
Mediation Effect ◽  
International Joint Venture ◽  
International Joint

Although emerging-economy firms (E-E firms) must have a keen interest in improving their performance by utilizing knowledge transferred from their advanced international joint venture (IJV) partner, there has been little research on the performance implications of E-E firms’ knowledge transferred from their advanced IJV partner. So, drawing on open innovation and organizational learning perspectives, we examine whether, how, and when E-E firms’ knowledge acquisition from their IJV partner has a positive impact on their financial performance. Based on data collected from 127 Thai manufacturing firms with a local IJV partnered with an advanced overseas firm, our results reveal that E-E firms’ knowledge acquisition from their IJV partner has an overall positive influence on their financial performance in terms of growth and profitability. Our results further show that innovation performance mediates the relationship between E-E firms’ knowledge acquisition and their financial performance based on a moderated mediation analysis including innovation performance as a mediator and absorptive capacity as a moderator. It is also found that the positive mediation effect of innovation performance is more pronounced in the presence of higher absorptive capacity than otherwise. That is, our results show that even among E-E firms which have acquired much knowledge from their IJV partner, those with higher absorptive capacity achieve better innovation performance than those with lower absorptive capacity, and improved innovation performance subsequently contributes to producing superior financial performance. The key conclusions, implications, and limitations of our study are presented based on these findings.

Talent Development and Its Role in Shaping Absorptive Capacity in Emerging Market Firms: The Case of Russia

2018 ◽  
Vol 20 (4) ◽  
pp. 444-459 ◽  
Author(s):  
Marina O. Latukha
Keyword(s):  
Knowledge Acquisition ◽  
Human Resource Development ◽  
Absorptive Capacity ◽  
Emerging Market ◽  
Talent Development ◽  
Competitive Advantages ◽  
Leading Role ◽  
Innovative Thinking ◽  
Knowledge Assimilation ◽  
New Perspective

The Problem The overall ability to create and transfer knowledge is one of the main competitive advantages for companies from emerging economies and becomes their performance driver. As human resource development (HRD) and talent development (TD), in particular, aim to extend employees’ capabilities related to innovative thinking, creativity, and their key competences, which can be necessary for knowledge creation and development, TD can be associated with a firm’s absorptive capacity; however, their relationship remains underresearched. Although some studies claim about grounds for absorptive capacity, lack of analysis of absorptive capacity dimensions, specified as knowledge acquisition, assimilation, transformation, and exploitation, and its connection to TD in the emerging market context can be observed especially with the relationship to firm performance in Russia. The Solution We investigate the influence of TD on firm’s absorptive capacity in emerging market contexts, more specifically in Russia, and confirm the link between TD in Russia and knowledge assimilation, knowledge transformation, knowledge exploitation, and knowledge acquisition. The Stakeholders We show the new perspective of talent management, in general, and TD, in particular, for HRD area, showing the leading role of TD in emerging market contexts that should be in a primary agenda for both researchers and practitioners.

The effect of foreign market knowledge on SME export performance: a study ofnon-traditional SMEs in Ghana

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Aidatu Abubakari ◽  
Kwame Simpe Ofori ◽  
Henry Boateng ◽  
Koffi N’Da ◽  
Robert Ebo Hinson
Keyword(s):  
Multinational Corporations ◽  
Absorptive Capacity ◽  
Developing Economies ◽  
Export Performance ◽  
Foreign Market ◽  
Moderating Effect ◽  
Equation Modeling ◽  
Market Knowledge ◽  
Content Type ◽  
The Relationship

Purpose It is well documented in the extant literature that knowledge plays a crucial role in small and medium enterprise (SME) internationalization. Exporting SMEs from developing economies faces many challenges, including lack of knowledge about institutions in foreign markets, inadequate knowledge about foreign institutions and limited internationalization knowledge (IK). However, research on the export performance of SMEs has thus far focused on the internationalization strategies of multinational corporations. This study aims to explore the effect of foreign market knowledge on SME export performance. The authors also assessed the moderating effect of employee absorptive capacity in the knowledge-performance nexus. Design/methodology/approach The authors adopted a survey design to collect data from owners/managers of SMEs exporters in the Greater Accra region of Ghana. A total of 350 questionnaires were distributed based on convenience. Of this number, 257 usable responses were used in the final analysis. The authors tested the proposed model using partial least squares-structural equation modeling. Findings The findings show that the three types of foreign market knowledge tested in this study, namely, foreign institutional knowledge (FIK), foreign business knowledge and IK have positive and significant effects on SME exporters’ performance. It also shows that employees’ absorptive capacity affects the relationship between FIK and SME exporters’ performance. Originality/value The study demonstrates the types of knowledge relevant to SME export performance. The study further demonstrates the moderating effect of employee absorptive capacity on the relationship between knowledge and export performance. The study advances existing knowledge on SME performance, especially from an emerging economy context.

How firms accumulate knowledge to innovate – an empirical study of Vietnamese firms

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Duy Quoc Nguyen
Keyword(s):  
Developing Countries ◽  
Knowledge Acquisition ◽  
Absorptive Capacity ◽  
Open Innovation ◽  
Content Type ◽  
Innovative Performance ◽  
External Knowledge ◽  
Knowledge Depth ◽  
Exploratory Innovation ◽  
External Knowledge Acquisition

PurposeOrganizational innovations are closely associated with organizational knowledge, and thus a firm builds its knowledge base to enhance its innovative performance. However, insights into this process are still limited, especially in the context of firms in developing countries. Building on the dynamic managerial capabilities literature and open innovation paradigm, this paper attempts to fill this gap by developing and empirically testing a model that investigates how firms in developing countries accumulate knowledge to innovate.Design/methodology/approachA model of a firm's knowledge accumulation and innovation is proposed in which it specifies relationships among absorptive capacity, knowledge breadth, research and development (R&D), knowledge depth, exploratory innovation and exploitative innovation, and then it is empirically tested by using the structural equation modeling (SEM) technique based on the surveyed data of Vietnamese firms.FindingsThe results indicate that absorptive capacity positively influences both knowledge breadth and knowledge depth, knowledge breadth positively influences R&D, R&D positively influences exploratory innovation and knowledge depth, and knowledge depth positively influences exploratory and exploitative innovation.Practical implicationsThe study proposes an “acquire and develop” open innovation model for firms in developing countries in which firms acquire external technologies and then develop R&D (develop and design) capability to adapt acquired technologies to their local conditions to create new organizational-specific capabilities and exploratory innovation.Originality/valueThis study argues that external knowledge acquisition is beneficial to innovative performance of firms in developing countries via renewing their knowledge base. Furthermore, the study provides the unique evidence that novel external knowledge acquisition and internal R&D are fit to each other in the fit-as-mediation form in which novel external knowledge acquisition is mediated by R&D to positively influence exploratory innovation.

Factors Affecting Knowledge Acquisition

2015 ◽  
pp. 235-258
Keyword(s):  
Knowledge Acquisition ◽  
Absorptive Capacity ◽  
Organizational Context ◽  
International Joint Ventures ◽  
Organizational Level ◽  
Limited Attention ◽  
Factors Affecting ◽  
Cultural Specificity ◽  
The Individual ◽  
The Impact

Although there is a growing literature on knowledge management, limited attention has been paid to the factors that influence the process of knowledge acquisition. Therefore, the purpose of this chapter is to bring forward the main elements that may stimulate or inhibit knowledge acquisition at both the individual and organizational level. Knowledge acquisition is mainly affected by a company's absorptive capacity, organizational context and structure, and inter-firm alliances. These may increase the firm's awareness of the external challenges and stimulate inter-organizational interactions. The impact of each of these factors is highly visible in the context of international joint ventures. Still, in this case, another factor interferes, namely cultural specificity.

Knowledge absorptive capacity: do all its dimensions matter for export performance of SMEs?

2016 ◽  
Vol 12 (2) ◽  
Author(s):  
Godwin Mwesigye Ahimbisibwe ◽  
Stephen Korutaro Nkundabanyanga ◽  
Gideon Nkurunziza ◽  
David Nyamuyonjo
Keyword(s):  
Knowledge Acquisition ◽  
Absorptive Capacity ◽  
Design Methodology ◽  
Sampling Error ◽  
Export Performance ◽  
Hierarchical Regression ◽  
General Effect ◽  
Firm Level ◽  
External Knowledge ◽  
External Knowledge Acquisition

Purpose In this paper we aim to study the relationship between knowledge absorptive capacity (KAC) of exporting SMEs in Uganda and their export performance. Design/methodology/approach This study is correlational and cross-sectional, and adopts firm-level data collected via questionnaires from Ugandan exporting SMEs. As we use the sub-domains of KAC to predict export performance and therefore these sub-mains are expected to be correlated, we apply hierarchical regression as an appropriate tool for analysis when variance on a criterion variable is being explained by predictor variables that are correlated with each other (Pedhazur, 1997). Using this tool we analyze the effect of a given sub-domain after controlling for other indicators (sub-domains) of KAC; a “control” achieved by calculating the change in the adjusted R2 and the significance of this change. Findings We find that only external knowledge acquisition (a dimension of potential absorptive capacity) and external knowledge application (a dimension of realised absorptive capacity) are the only significant predictors of export performance in our model. Contrary to previous thinking, we find that external knowledge assimilation and transformation are not significant predictors of export performance. Taken together, our independent variables explain about 35.4 percent of the variance in export performance of SMEs in Uganda. Research limitations/implications The use of hierarchical regression is susceptible to problems associated with sampling error. However, the likelihood of these problems is reduced by our interaction with the data Practical implications – Our results imply that the initial focus of exporting SMEs should be on external knowledge acquisition and application. Originality/value Unlike most of the export performance literature, which have focused on the general effect of knowledge absorptive capacity as a global variable, this study explores the role played by the four dimensions of KAC and methodologically isolates the contribution played by each individual dimension in the context of exporting SMEs in a developing nation. As such we uncover the reality that not all the sub-domains of KAC are significant for export performance of SMEs in a developing country context.

AN INTEGRATED MODEL OF KNOWLEDGE TRANSFER FROM GLOBAL FLAGSHIPS TO LOCAL FIRMS IN GLOBAL PRODUCTION NETWORKS

2020 ◽  
pp. 1-23
Author(s):  
JIAN DU ◽  
JIE LU ◽  
DONG WU ◽  
XIAORAN CHANG
Keyword(s):  
Knowledge Transfer ◽  
Knowledge Acquisition ◽  
Absorptive Capacity ◽  
Integrated Model ◽  
Stage Model ◽  
Production Networks ◽  
Global Production Networks ◽  
Different Types ◽  
Organizational Distance ◽  
Local Firms

It is known that global flagships’ capacity and willingness to transfer knowledge in global production networks will affect the knowledge acquisition of local firms. However, the mechanism is not clear enough, or rather scattered, and thus lacks an integrated model for comprehensive conceptualization. Adopting a sample of 105 Chinese firms, we construct an integrated two-stage model to interpret the mechanism of knowledge transfer from global flagships to local firms and find that global flagships’ capacity and willingness to transfer positively impact the knowledge acquired by local firms through the mediation of the knowledge contributed by the global flagships. Organizational distance and local firms’ absorptive capacity affect the knowledge acquired by local firms as well. The influences of the latter two also depend on the different types of ties between global flagships and local firms.

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