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Managing external knowledge search: the multiple and contingent roles of absorptive capacity

机译：管理外部知识搜索：吸收能力的多个和偶然角色

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摘要

Nowadays, it is widely accepted that the search for external knowledge is critical to firm innovation performance. However, a framework to systematically demonstrate what factors interactively influence a firm's openness in innovation search is still in lack. In this study, taking a perspective of absorptive capacity for innovation search, we develop an integrative framework with three-way interaction to explore how absorptive capacity, financial slack, and industrial competition shape a firm's external knowledge search behaviour. GLS regression is adopted to examine the model with a balanced 10-year panel dataset of 298 manufacturing firms who publicly traded in the USA. The results reveal that both direct and indirect effects of absorptive capacity on external knowledge search are contingent upon the degree of industrial competition, and will be diminished for firms embedded in highly competitive industries. Directions for future research and managerial implications are further discussed.
机译：如今，众所周知，对外部知识的寻求对于坚定的创新性能至关重要。然而，系统地展示了交互地影响企业在创新搜索中的哪些因素的框架仍然缺乏。在这项研究中，通过对创新搜索的吸收能力来看，我们开发了一种综合框架，以三向互动探讨了吸收能力，金融懈怠和工业竞争如何塑造公司的外部知识搜索行为。采用GLS回归来检查模型，均为298个制造公司的平衡10年面板数据集，该公司在美国公开交易。结果表明，外部知识搜索的吸收能力的直接和间接影响均取决于工业竞争程度，并将在群体群体竞争性行业中的公司减少。进一步讨论了未来研究和管理影响的路线。

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