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Absorptive Capacity and Firm Performance in SMEs: The Mediating Influence of Strategic Alliances
Author(s) -
FLATTEN TESSA CHRISTINA,
GREVE GRETA ISABELL,
BRETTEL MALTE
Publication year - 2011
Publication title -
european management review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.784
H-Index - 32
eISSN - 1740-4762
pISSN - 1740-4754
DOI - 10.1111/j.1740-4762.2011.01015.x
Subject(s) - absorptive capacity , business , industrial organization , construct (python library) , dimension (graph theory) , knowledge management , marketing , computer science , mathematics , pure mathematics , programming language
Absorptive capacity (ACAP) is a firm's ability to innovate by identifying, assimilating, and exploiting knowledge available in its environment. ACAP has been widely researched, but this research has not sufficiently analyzed the influence of ACAP on an interfirm level, especially regarding the multidimensional character of this construct. The present study intends to reveal whether the relationship between ACAP and firm performance in small and mediun sized enterprises (SMEs) is mediated by strategic alliances. Furthermore, different moderating characteristics such as age and size of the companies are taken into consideration. The findings indicate that strategic alliances of SMEs mediate both the relationship between ACAP and firm performance and the relationship between each dimension of ACAP and firm performance. However, these results might not be valid under certain circumstances since strategic alliances have no mediating influence when it comes to young SMEs, for example.