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on Knowledge Management and Knowledge Economy |
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Issue of 2024‒08‒19
two papers chosen by Laura Nicola-Gavrila, Centrul European de Studii Manageriale în Administrarea Afacerilor |
| By: | Huseyin Ince (Department of Economics, Gebze Technical University); Salih Zeki Imamoglu (Department of Science and Technology Studies, Gebze Technical University); Mehmet Ali Karaköse (Department of Management, Gebze Technical University); Ufuk Cebeci (Department of Industrial Engineering, Istanbul Technical University); Murat Sagbas (National Defense University) |
| Abstract: | The concept of resilience, which has been studied extensively in different disciplines and has recently gained an increasing interest in organisational science, has rarely been studied in the absorptive capacity and innovation literature. In this study, we empirically tested the relationships between organisational resilience capacity, organisational absorptive capacity, and firm innovativeness. By studying 211 firms in Turkey, we found that: (1.a) competence orientation and broad resource networks are positively related to all absorptive capacity variables, (1.b) conceptual orientation is positively related to all absorptive capacity variables except knowledge transformation, (1.c) behavioural preparedness is positively related to knowledge assimilation, (1.d) deep social capital is positively related to knowledge transformation and (2) knowledge assimilation and knowledge exploitation are positively related to firm innovativeness. Also, we found that absorptive capacity mediates the relationship between resilience capacity and firm innovativeness. |
| Keywords: | Organisational resilience capacity, absorptive capacity, firm innovativeness. |
| JEL: | L20 L29 |
| Date: | 2024–07–12 |
| URL: | https://d.repec.org/n?u=RePEc:geb:wpaper:2024-02 |
| By: | Mr. JaeBin Ahn; Chan Kim; Ms. Nan Li; Andrea Manera |
| Abstract: | This paper examines the impact of Foreign Direct Investment (FDI) on knowledge diffusion by analyzing the effect of firm-level FDI activities on cross-border patent citations. We construct a novel firm-level panel dataset that combines worldwide utility patent and citations data with project-level greenfield FDI and crossborder mergers and acquisitions (M&A) data over the past two decades, covering firms across 60 countries. Applying a new local projection difference-indifferences methodology, our analysis reveals that FDI significantly enhances knowledge flows both from and to the investing firms. Citation flows between investing firms and host countries increase by up to around 10.6% to 13% in five years after the initial investment. These effects are stronger when host countries have higher innovation capacities or are technologically more similar to the investing firm. We also uncover knowledge spillovers beyond targeted firms and industries in host countries, which are particularly more pronounced for sectors closely connected in the technology space. |
| Keywords: | Greenfield FDI; Brownfield FDI; cross-border M&A; Inward FDI; Outward FDI; Knowledge spillover; Patent citation; LP-DiD |
| Date: | 2024–07–12 |
| URL: | https://d.repec.org/n?u=RePEc:imf:imfwpa:2024/152 |