Abstract

http://ssrn.com/abstract=1091265
 
 

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Connecting Absorptive Capacity and Open Innovation


Wim Vanhaverbeke


Hasselt University; ESADE Business School; National University of Singapore (NUS)

Vareska Van de Vrande


Erasmus University Rotterdam (EUR) - Department of Strategic Management and Entrepreneurship

Myriam Cloodt


Eindhoven University of Technology (TUE)

February 7, 2008


Abstract:     
Open innovation provides a general view how firms can benefit from external sources of knowledge. Absorptive capacity is crucial in explaining why some companies are much better than others in creating and capturing value from in-sourcing externally developed technology and from collaboration with innovation partners. Absorptive capacity and the outside - in dimension of open innovation are inevitably linked to each other. The purpose of this paper is to analyze how absorptive capacity and the outside-in dimension of open innovation can be linked to each other. We claim that recent insights from open innovation practices in companies entail several clues to enrich the concept of absorptive capacity and to improve our understanding how management decisions can strengthen a firm's ability to learn from its external environment.

Number of Pages in PDF File: 22

Keywords: absorptive capacity, open innovation, external technology sourcing

JEL Classification: M13, O32, L22, L14

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Date posted: February 8, 2008  

Suggested Citation

Vanhaverbeke, Wim and Van de Vrande, Vareska and Cloodt, Myriam, Connecting Absorptive Capacity and Open Innovation (February 7, 2008). Available at SSRN: http://ssrn.com/abstract=1091265 or http://dx.doi.org/10.2139/ssrn.1091265

Contact Information

Wim Vanhaverbeke (Contact Author)
Hasselt University ( email )
Agoralaan - building D
Gebouw D
Diepenbeek, 3590
Belgium
+3216623663 (Phone)
+3216623663 (Fax)
HOME PAGE: http://wimvanhaverbeke.be
ESADE Business School
Av. de Pedralbes, 60-62
Barcelona, 08034
Spain
National University of Singapore (NUS) ( email )
Bukit Timah Road 469 G
Singapore, 117591
Singapore
Vareska Van de Vrande
Erasmus University Rotterdam (EUR) - Department of Strategic Management and Entrepreneurship ( email )
RSM Erasmus University
Rotterdam, 3000 DR
Netherlands
Myriam Cloodt
Eindhoven University of Technology (TUE) ( email )
P.O. Box 513
Eindhoven, 5600 MB
Netherlands
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