Abstract
The paper contributes to the research on the dependence between absorptive capacity and firm’s innovativeness. The aim of the paper is to assess the impact of the degree of absorptive capacity components development on the innovativeness level of financial companies operating in Poland. The theoretical part of the paper discusses firm’s innovativeness and its relations with inter-firm collaboration and developing the absorptive capacity. The empirical part of the paper presents the findings obtained in an online survey using a CSAQ—a conducted on the sample of 111 commercial financial sector companies operating in Poland. The presented study focuses on identifying the components of absorptive capacity that determine the increase of firm’s innovativeness level. They indicate that the capability to use specific forms of acquiring new technologies from outside and the capability to develop the acquired technologies are those which most significantly influence firm’s innovativeness level.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Ahuja, G.: The duality of collaboration: Inducements and opportunities in the formation of interfirm linkages. Strateg. Manage. J. 21(3), 317–343 (2000)
Bae, Y., Chang, H.: Efficiency and effectiveness between open and closed innovation: empirical evidence in South Korean manufacturers. Technol. Anal. Strat. Manage. 24(10), 967–980 (2012)
Bennasi, M., Greve, A., Harkola, J.: Looking for a network organization: the case of GESTO. J. Market Focused Manage. 3(45), 205–229 (1999)
Chesbrough, H.: Open business models: how to thrive in the new innovation landscape. Harvard Business School Press, Boston (2006)
Cohen, W.M., Levinthal, D.A.: Absorptive capacity: a new perspective on learning and innovation. Adm. Sci. Q. 35(1), 128–152 (1990)
Czakon, W.: Dynamika więzi międzyorganizacyjnych przedsiębiorstwa. Wydawnictwo Akademii Ekonomicznej im. Karola Adamieckiego w Katowicach, Katowice (2007)
Drejer, A.: Strategic innovation: a new perspective on strategic management. Handb. Bus. Strategy 7(1), 143–147 (2006)
Eisenhardt, K., Martin, J.: Dynamic capabilities: what are they? Strateg. Manage. J. 21, 1105–1121 (2000)
Ford, D., Gadde, L., Hakansson, H., Snehota, I.: Managing business relationships. Wiley, London (2003)
Glabiszewski, W.: Potencjał absorpcyjny przedsiębiorstw finansowych w Polsce w procesie transferu innowacyjnych technologii. Wydawnictwo Naukowe UMK, Toruń (2016)
Glabiszewski, W., Grego-Planer, D., Liczmańska-Kopcewicz, K., Zastempowski, M.: The role of absorptive capacity of financial companies in Poland in shaping their strategic flexibility. In: Proceedings of the 15th International Conference on Education, Economics, Humanities and Interdisciplinary Studies (EEHIS-18), Paris, pp. 121–126 (2018)
Glabiszewski, W., Zastempowski, M.: The absorptive capacity of a finance company as an efficiency factor of its pro-technology innovation activities. In: Proceedings from the 7th International Conference on Efficiency as a Source of the Wealth of Nations (ESWN), pp. 57–69. Springer, Wrocław (2017)
Harding, R.: Competition and collaboration in German technology transfer. Ind. Corp. Change 10(2), 389–417 (2001)
Huizingh, E.K.R.E.: Open innovation: state of the art and future perspectives. Technovation 31(1), 2–9 (2011)
Huxham, Ch., Vangen, S.: Managing to collaborate. Routledge, New York (2006)
Kastalli, I.V., Neely, A.: Collaborate to Innovate. How Business Ecosystems Unleash Business Value. University of Cambridge, Cambridge Service Alliance, Cambridge (2013)
Lane, P.J., Lubatkin, M.: Relative absorptive capacity and interorganizational learning. Strateg. Manage. J. 19(5), 461–477 (1998)
Laursen, K., Salter, A.: Open for innovation: the role of openness in explaining innovation performance among UK manufacturing firms. Strateg. Manage. J. 27(2), 131–150 (2006)
Lis, A., Sudolska, A.: Absorptive capacity and its role for the company growth: the case of Frauenthal Automotive Toruń company. J. Entrepreneurship Manage. Innov. 11(4), 63–91 (2015)
Mansfield, E., Lee, J.Y.: The modern university: contributor to industrial innovation and recipient of industrial R&D support. Res. Policy 25(7), 1047–1058 (1996)
Mohannak, K.: Innovation networks and capability building in the Australian high-technology SMEs. Eur. J. Innov. Manage. 10(2), 236–251 (2007)
Manual, Oslo: Guidelines for collecting and interpreting innovation data, 3rd edn. OECD, Statistical Office of the European Communities, Paris (2005)
Saarenketo, S., Kuivalainen, O., Kylaheiko, K., Puumalainen, K.: Dynamic knowledge-related learning processes in internationalizing high-technology SMEs. Int. J. Prod. Econ. 89, 363–378 (2004)
Sapienza, H.J., Autio, E., George, G., Zahra, S.A.: A capabilities perspective on the effects of early internationalization on firm survival and growth. Acad. Manage. Rev. 31(4), 914–933 (2006)
Tidd, J., Bessant, J., Pavitt, K.: Managing Innovation. Integrating Technological, Market and Organizational Change. Wiley, Chichester (2006)
Todorova, G., Durisin, B.: Absorptive capacity: valuing a reconceptualization. Acad. Manage. Rev. 32(3), 774–786 (2007)
Torugsa, N., Arundel, A., O’Donohue, W.: Inter-firm collaboration and innovation performance for new-to-market products: the moderating role of technological and skills-related knowledge assets. Int. J. Innov. Manage. 20(6), 1–22 (2016)
Van de Vrande, V., de Jong, J.P.J., Vanhaverbeke, W., de Rochemont, M.: Open innovation in SMEs: trends, motives and management challenges. Technovation 29, 423–437 (2009)
Von Hippel, E.: The Sources of Innovation. Oxford University Press, Oxford (1988)
Zahra, S.A., George, G.: Absorptive capacity: a review, reconceptualization, end extension. Acad. Manage. Rev. 27(2), 185–203 (2002)
Zeng, S.X., Xie, X.M., Tam, C.M.: Relationship between cooperation networks and innovation performance of SMEs. Technovation 30, 181–194 (2010)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2020 Springer Nature Switzerland AG
About this paper
Cite this paper
Glabiszewski, W., Sudolska, A., Górka, J., Pańka, A. (2020). Financial Services Companies’ Abilities to Collaborative Technology Absorption Versus Their Innovativeness. In: Zakrzewska-Bielawska, A., Staniec, I. (eds) Contemporary Challenges in Cooperation and Coopetition in the Age of Industry 4.0. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-30549-9_12
Download citation
DOI: https://doi.org/10.1007/978-3-030-30549-9_12
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-30548-2
Online ISBN: 978-3-030-30549-9
eBook Packages: Business and ManagementBusiness and Management (R0)