Contributions of Absorptive Capabilities to Export Performance

The processes for absorbing external knowledge became an essential element for firms to adapt to changes in the competitive environment. Knowledge plays an important role in firms’ internationalization process. Building on well established theories, our research explores the contributions of absorptive capacities to export performance.This research adopted a quantitative methodological approach, conducting a descriptive, exploratory and transversal empirical study, having applied a questionnaire to a sample of Portuguese companies exporting footwear.Based on survey data from 42 firms, our empirical results indicate that absorptive capacities have a positive and significant influence on export performance, and that the capacities that most contribute to this end are knowledge exploitation, transformation and general knowledge acquisition.This study provide guidance to business practitioners because they indicate which absorptive capacities are the best predictors for export success.While previous authors have attempted to analyse certain aspects of this process (linkage between absorptive capacities and export performance), this research developed an analysis that proposes an exploratory model of the constructs studied in the Portuguese footwear industry

El capital social como enfoque teórico en Dirección Estratégica

[EN] The objective of this research paper is to investigate, from a theoretical point of view, the strategic relevance of social capital. In recent years, academic literature in this field has witnessed remarkable growth, recognizing social capital as a key element for companies, due to its contribution to the creation of competitive advantages. However, it might be said that its development is still emerging, given the number of discrepancies among researchers regarding its definition, measurement, and its positive or negative impact on other variables. For this reason, a set of empirical studies that show the social capital effect on diverse types of organizational results have been reviewed, taking as a reference the definition and dimensions proposed by Nahapiet and Ghoshal (1998). Additionally, different theoretical links between social capital and four related Strategic Management approaches are presented, such as the Intellectual Capital-Based View, the Knowledge-Based View, the Resource-Based View and the Dynamic Resource-Based View. A main conclusion drawn from this review is that social capital, being a knowledge-based resource, enables access to both internal and external resources and thus a firm’s competitive advantage and, consequently, its value creation can be generated from the combination of both areas. Going in depth and clarifying this strategic linkage are thus a challenge to address in future studies.[ES] El principal objetivo de este trabajo es mostrar la relevancia estratégica del capital social organizacional desde un punto de vista teórico. En los últimos años, la literatura académica relacionada con este concepto ha experimentado un notable crecimiento, reconociendo que el capital social es un elemento fundamental para que las empresas generen ventajas competitivas. Sin embargo, se podría afirmar que su desarrollo es todavía incipiente al existir multitud de discrepaciancias entre los investigadores acerca de su conceptuación, la medición de sus dimensiones o los efectos positivos o negativos que podría tener sobre otras variables. Por este motivo, tomando como referencia la definición y dimensiones propuestas por Nahapiet y Ghoshal (1998), se ha realizado una revisión de las investigaciones que, de manera empírica, han estudiado las relaciones entre el capital social y distintos tipos de resultados organizacionales. Igualmente, se exponen diferentes nexos teóricos encontrados entre el capital social y los principales enfoques en Dirección Estratégica como son Enfoque Basado en el Capital Intelectual, el Enfoque Basado en el Conocimiento, el Enfoque Basado en los Recursos y el Enfoque Basado en las Capacidades dinámicas. Se concluye que el capital social, como recurso basado en el conocimiento, podría permitir el acceso a otros recursos internos o externos, y que la creación de valor y la generación de ventajas competitivas de una empresa puede provenir de la combinación de ambos ámbitos. Así, futuros estudios deben encaminarse hacia la profundización y clarificación de este nexo estratégico

A microeconomic study of exporting and innovation activities and their impact on firms: a resource-based perspective

Various models explaining micro knowledge-generating behaviour (in particular exporting and innovating) in the economics literature are underpinned by the overlapping assumption that these activities are largely determined by the resources/capabilities possessed by firms. Despite their perceived importance, there is a dearth of evidence on how these heterogeneous resources and firm-specific capabilities can be incorporated into economics models to quantify their roles in determining microeconomic behaviour. Therefore this thesis attempts to bridge this gap in the literature by integrating the resource-based view (RBV) as a new IO theory into the microeconomics literature and empirically utilising micro level data to investigate the significance of such resources/capacities in determining exporting and innovation activities, moderating their inter-relationships as well as conditioning their impacts on the firm’s performance. These heterogeneous resources have been proxied using firm size, productivity, capital intensity, intangible assets, various dimensions to absorptive capacity, the deployment of R&D sourcing strategies and so on. Using establishment-level data covering all UK market-based sectors in 2000, the findings show that all these factors have a large impact upon the propensity and/or intensity of establishments’ exporting and/or R&D activities, with an especially noticeable role in breaking down entry barriers to undertaking such activities. Given the significant impact of exports on knowledge-creating R&D activity, the thesis subsequently investigates and confirms additional learning effect of exporting as embodied in the firm-level exports-productivity relationship using a nationally representative panel dataset covering both manufacturing and services sectors in the UK, for the 1996-2004 period. Lastly, this thesis also attempts to provide an initial inspection of the contribution of innovation (proxied by R&D stock) to productivity using plant-level panel data for Northern Ireland. Based on the estimation of a ‘knowledge production function’ separately for various manufacturing industries, the overall long-run results show that R&D stock does have a positive impact upon productivity

Learning-by-Exporting? Firm-Level Evidence for UK Manufacturing and Services Sectors

This study empirically assesses the microeconomic exporting-productivity nexus for both the UK manufacturing and services sectors during 1996-2004, based on a weighted FAME dataset. Our results show that firms that are older, that possess intangible assets or that have higher (labour) productivity in the year prior to exporting, are significantly more likely to sell overseas. In testing the post-entry ‘learning-by-exporting’ effect, we employ three approaches to controlling for endogeneity and sample selection, viz. instrumental variables, control function and matching, and find that this effect is present in many industries but not universal, and also varies amongst different types of exporting firms. Our overall estimate for the UK economy suggests a substantial post-entry productivity effect for firms new to exporting; a negative effect for firms exiting overseas markets; and large productivity gains while exporting for those that both enter and exit.exports; control function; GMM; matching; TFP; sample selection

Investigating the technology catching-up trajectory of Chinese Hi-Tech SMEs: an integrated framework from industry-, resource-, and institution-based view

Accepted for WLICSMB 2010Purpose This paper intends to review the literatures on the technology catching-up trajectory of latecomers in order to understand the innovation strategies of Chinese Hi-Tech SMEs (Gu & Tse, 2010; Xie & White, 2006; Chen & Qu, 2003; Lee & Lim, 2001; Kim, 1997). It also tries to construct an integrated framework to investigate their innovation strategies and the impact on organizational performance from the Industry-, Resource-, and Institution-based view (Peng, Wang, & Jiang, 2008). Design/methodology/approach The authors have reviewed papers published in the leading journals in the R&D field and proposed an integrated conceptual framework of innovation strategies of Chinese Hi-Tech firms based on Peng, Wang and Jiang (2008)’s institution-based view framework to examine the innovation strategy from Industry-, firm-specific Resource-based, and Institution-based View Originality/Value This paper pays attention to the institution factors in shaping Chinese SMEs to develop innovative capabilities. Chinese firms have comparative advantages, such as better comprehending Chinese local market, better understanding of local business environment comparing to MNEs. Our paper argues that by developing effective innovation strategies and improving innovative capabilities, Chinese SMEs will be able to survive from the severe competitions from state-owned enterprises and foreign firms in China

Export performance of MNE affiliates in Polish Manufacturing: 1993-2002. A study on knowledge mandate, transfer and absorption

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Assessing the Relationship Between Entrepreneurial Orientation, Reputational Resources and Absorptive Capability: A Resource-Based Approach

Building on well established theories, our research explores the influence of entrepreneurial orientation on reputational resources and absorptive capacity of knowledge exploitation of Portuguese small and medium enterprises (SMEs) of footwear associated to the Portuguese Footwear, Components and Leather Goods Association (APICCAPS).Therefore, a quantitative methodological approach was used, conducting a descriptive, exploratory and transversal empirical study, having applied a questionnaire to a sample of Portuguese SMEs.Based on survey data from 42 firms, our empirical results indicate that globally entrepreneurial orientation have a positive and significant influence on knowledge exploitation and that the entrepreneurial orientation’s dimensions that most contribute to this end are innovation and risk-taking.Moreover, the processes for exploitation of reputational resources and knowledge became an essential element for firms to adapt to changes in the competitive environment. The exploitation of this resources and capacities should be undertaken with innovation, proactivity and risk-taking

Export-Related Dynamic Capabilities and Export Success: Absorptive Capacity Moderated Mediating Effect of Ambidexterity

The success of exporting SMEs depends on their distinctive export-related dynamic capabilities that enable them to survive and grow in international environment. Since these capabilities are knowledge-based, they provide a great advantage for resource-constrained SMEs even with very small investments. This study investigates these specific export-related dynamic capabilities and their effect on export performance in SMEs of an emerging economy. A survey was conducted to 427 exporting SMEs in all over Turkey to test the hypothesis concerning the relations between international orientation, export market orientation, ambidexterity, absorptive capacity and export performance. The results showed that ambidexterity is a mediator between orientations (international orientation, export market orientation) and export performance. Besides, absorptive capacity has a moderating effect on the relationship between ambidexterity and export performance

The Measurement of Absorptive Capacity from an Economics Perspective: Definition, Measurement and Importance

This paper starts by recognizing that despite the importance of absorptive capacity, economists in particular have made only limited use of the concept. Most theoretical and empirical studies derive from other fields of research. Thus, the first task is to compare and contrast the different approaches taken in measuring absorptive capacity. The rest of the paper then sets out an example of how typically economists have proceeded, using nationally representative CIS data to measure absorptive capacity across a 10‐year period and investigating if it remains stable in the long term. This is followed by considering how firms’ characteristics vary across lower to higher levels of absorptive capacity and whether such capacity determines firms’ productivity performance across both goods and service industries. Our results show that relative to other influences, absorptive capacity as measured here — net of the impact of foreign‐ownership and human capital — has a substantial influence on exporting, innovation and undertaking R&D and thus consequently firm‐level productivity. Finally, there is a discussion of why governments should consider helping firms to boost their levels of absorptive capacity