What is it about?
The research objective of this paper is to answer the following questions: how does the level of ACAP influence the performances of technology-driven firms, and how does it catalyse their innovation outputs? Furthermore, we argue that exporting technology-driven firms possess even higher levels of ACAP than those who are weak or not-at-all exporters.
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Why is it important?
ACAP measured value is examined alongside the innovation outputs of firms and their business performance, with an extended focus on exporters. A selected population of >600 Croatian firms were asked to fill in the questionnaire. Out of the 103 firms that completed the survey, 45 were recognized as intensive technology development performers, and 34 were identified as large exporters. Both populations were tested against formulated hypotheses, ultimately proving that higher levels of ACAP can be seen to positively drive innovation performance which, notably, can be seen most clearly with exporters.
Perspectives
From an academic perspective, research on a topic of ACAP represents a practical contribution and presents a gap for future ACAP research to investigate. This research should ideally be oriented towards the future operationalization of ACAP by using new or upgraded models, rather than purely theoretical research.
Professor Marina Dabic
Nottingham Trent University
Read the Original
This page is a summary of: Exploring the impact of the level of absorptive capacity in technology development firms, Technological Forecasting and Social Change, September 2018, Elsevier,
DOI: 10.1016/j.techfore.2018.08.018.
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