Applying Absorptive Capacity to Value Innovations Within Electricity Utilities
Type
presentation
Date Issued
2010-06-17
Author(s)
Gebauer, Heiko
;
Worch, Hagen
;
Truffer, Bernhard
Abstract
Our study examines key elements of absorptive capacity and value innovations in the context of electricity utilities. The theoretical implications are threefold. First, our usage of value innovation as dependent variable, absorptive capacity as independent and organizational elements as contextual variable breaks free from the existing approach to mainly focus on analyzing the performance of absorptive capacity and innovation outcome. Second, our study establishes that the acquisition, assimilation, transformation and exploitation of knowledge determine the degree of value innovations. Third, our study enriches the concepts of value innovations through offering managerial guidelines on how acquisition, assimilation, transformation and exploitation can support value innovations. The practical impact arising from the combination of absorptive capacities and value innovation hinges on the ability to develop useful managerial recommendations. The managerial implications can be formulated around the question: how can managers organize procedures and processes for enhancing a company's absorptive capacity.
Language
English
Keywords
Absorptive Capacity
Service Innovation
Value Innovation
Electricity Utilities
Knowledge Acquisition and Assimilation
Knowledge Transformation and Exploitation
HSG Classification
contribution to scientific community
Refereed
No
Event Title
AMA SERVSIG International Research Conference
Event Location
Porto
Subject(s)
Division(s)
Eprints ID
68339