Abstract
The concept of absorptive capacity is mainly agnostic to the iterative nature of knowledge production processes. We extend it to a dynamic model, in which firms can influence future spillovers they receive by selectively revealing knowledge today. We derive two strategies, signaling and steering, allowing firms to exhibit managerial agency to increase structural and content compatibility of external knowledge. We explicate potential goals, highlight boundary conditions, and discuss implications for innovation strategy and organization theory.
| Original language | English |
|---|---|
| Journal | Academy of Management Annual Meeting Proceedings |
| DOIs | |
| State | Published - 2011 |
| Externally published | Yes |
| Event | 71st Annual Meeting of the Academy of Management - West Meets East: Enlightening, Balancing, Transcending, AOM 2011 - San Antonio, TX, United States Duration: 12 Aug 2011 → 16 Aug 2011 |
Keywords
- Absorptive capacity
- Knowledge
- Selective revealing
