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Cognitive social capital for knowledge absorption in specialized environments: The path to innovation

The purpose of this research is to empirically analyze how regional specialization influence innovation in enterprises, as well as the mediation effect of absorptive capacity and cognitive social capital, as knowledge diffusion mechanisms. A questionnaire was developed and distributed, obtaining a s...

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Detalles Bibliográficos
Autores principales: Sánchez-García, Eduardo, Marco-Lajara, Bartolomé, Martínez-Falcó, Javier, Poveda-Pareja, Esther
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10009193/
https://www.ncbi.nlm.nih.gov/pubmed/36923853
http://dx.doi.org/10.1016/j.heliyon.2023.e14223
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author Sánchez-García, Eduardo
Marco-Lajara, Bartolomé
Martínez-Falcó, Javier
Poveda-Pareja, Esther
author_facet Sánchez-García, Eduardo
Marco-Lajara, Bartolomé
Martínez-Falcó, Javier
Poveda-Pareja, Esther
author_sort Sánchez-García, Eduardo
collection PubMed
description The purpose of this research is to empirically analyze how regional specialization influence innovation in enterprises, as well as the mediation effect of absorptive capacity and cognitive social capital, as knowledge diffusion mechanisms. A questionnaire was developed and distributed, obtaining a sample of 197 energy firms in Spain. For the assessment of this data, the PLS-SEM technique, a multivariate analytical approach, has been used. The results show a positive and significant direct effect between the degree of regional specialization and the innovative performance of firms. In addition, the cognitive social capital and absorptive capacity variables show a positive and significant mediation effect in the relationship proposed, as well as between them, thus constructing a double mediation and proving to be relevant mechanisms for knowledge diffusion. Then, it is concluded that cognitive and geographical proximity matters, since enable firms to obtain resources for knowledge upgrading and innovation. Thus, it is crucial for firms to develop their capacity to absorb new external knowledge, as has been evidenced as a key factor to leverage the opportunities of the context in which firms are located. This paper has important implications for the long-standing complex debates about whether regions should develop, primarily whether they should do so through specialization or diversification.
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spelling pubmed-100091932023-03-14 Cognitive social capital for knowledge absorption in specialized environments: The path to innovation Sánchez-García, Eduardo Marco-Lajara, Bartolomé Martínez-Falcó, Javier Poveda-Pareja, Esther Heliyon Research Article The purpose of this research is to empirically analyze how regional specialization influence innovation in enterprises, as well as the mediation effect of absorptive capacity and cognitive social capital, as knowledge diffusion mechanisms. A questionnaire was developed and distributed, obtaining a sample of 197 energy firms in Spain. For the assessment of this data, the PLS-SEM technique, a multivariate analytical approach, has been used. The results show a positive and significant direct effect between the degree of regional specialization and the innovative performance of firms. In addition, the cognitive social capital and absorptive capacity variables show a positive and significant mediation effect in the relationship proposed, as well as between them, thus constructing a double mediation and proving to be relevant mechanisms for knowledge diffusion. Then, it is concluded that cognitive and geographical proximity matters, since enable firms to obtain resources for knowledge upgrading and innovation. Thus, it is crucial for firms to develop their capacity to absorb new external knowledge, as has been evidenced as a key factor to leverage the opportunities of the context in which firms are located. This paper has important implications for the long-standing complex debates about whether regions should develop, primarily whether they should do so through specialization or diversification. Elsevier 2023-03-02 /pmc/articles/PMC10009193/ /pubmed/36923853 http://dx.doi.org/10.1016/j.heliyon.2023.e14223 Text en © 2023 The Authors https://creativecommons.org/licenses/by/4.0/This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).
spellingShingle Research Article
Sánchez-García, Eduardo
Marco-Lajara, Bartolomé
Martínez-Falcó, Javier
Poveda-Pareja, Esther
Cognitive social capital for knowledge absorption in specialized environments: The path to innovation
title Cognitive social capital for knowledge absorption in specialized environments: The path to innovation
title_full Cognitive social capital for knowledge absorption in specialized environments: The path to innovation
title_fullStr Cognitive social capital for knowledge absorption in specialized environments: The path to innovation
title_full_unstemmed Cognitive social capital for knowledge absorption in specialized environments: The path to innovation
title_short Cognitive social capital for knowledge absorption in specialized environments: The path to innovation
title_sort cognitive social capital for knowledge absorption in specialized environments: the path to innovation
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10009193/
https://www.ncbi.nlm.nih.gov/pubmed/36923853
http://dx.doi.org/10.1016/j.heliyon.2023.e14223
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