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Linking Digital Capacity to Innovation Performance: the Mediating Role of Absorptive Capacity

Digital technologies are considered as factors that accelerate the pace of innovation and increase the firm’s innovation performance. However, few studies have investigated whether this claim is conditioned by other elements that contribute to innovation. Furthermore, firms increasingly rely on exte...

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Autores principales: Kastelli, Ioanna, Dimas, Petros, Stamopoulos, Dimitrios, Tsakanikas, Aggelos
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9589644/
http://dx.doi.org/10.1007/s13132-022-01092-w
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author Kastelli, Ioanna
Dimas, Petros
Stamopoulos, Dimitrios
Tsakanikas, Aggelos
author_facet Kastelli, Ioanna
Dimas, Petros
Stamopoulos, Dimitrios
Tsakanikas, Aggelos
author_sort Kastelli, Ioanna
collection PubMed
description Digital technologies are considered as factors that accelerate the pace of innovation and increase the firm’s innovation performance. However, few studies have investigated whether this claim is conditioned by other elements that contribute to innovation. Furthermore, firms increasingly rely on external knowledge sources to expand their internal knowledge base for the development of innovations. In this context, absorptive capacity can be considered as an essential organizational capability to embrace adoption of digital technologies and enhance their positive effect on innovation performance. This paper builds on this discussion and studies the contribution of digital capacity on innovation performance, proposing the mediating role of absorptive capacity in the context of the digital transformation. It uses evidence from an extensive Greek survey in 1014 manufacturing firms and analyzes the complex relationships underlying the role of digital transformation to innovation. The contribution of the paper is two-fold: (i) it provides a deeper insight into the underlying mechanisms through which firms can leverage their digital capacity to accelerate innovation, and (ii) it highlights the important mediating role of absorptive capacity in enhancing the positive effects of digitalization indicating that digital capacity is not an unquestionable asset for innovation performance. Accordingly, our results show a positive direct contribution of digital capacity to innovation performance, which is enhanced in the presence of absorptive capacity as a mediator. In fact, the indirect effect of digital capacity to innovation performance through absorptive capacity is stronger. These findings present important policy implications, as there is need for improvement in other innovation-related aspects of the business ecosystem to efficiently address the challenge of digital transformation, such as R&D efforts, training, interaction among actors, and building of communities of practice.
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spelling pubmed-95896442022-10-24 Linking Digital Capacity to Innovation Performance: the Mediating Role of Absorptive Capacity Kastelli, Ioanna Dimas, Petros Stamopoulos, Dimitrios Tsakanikas, Aggelos J Knowl Econ Original Paper Digital technologies are considered as factors that accelerate the pace of innovation and increase the firm’s innovation performance. However, few studies have investigated whether this claim is conditioned by other elements that contribute to innovation. Furthermore, firms increasingly rely on external knowledge sources to expand their internal knowledge base for the development of innovations. In this context, absorptive capacity can be considered as an essential organizational capability to embrace adoption of digital technologies and enhance their positive effect on innovation performance. This paper builds on this discussion and studies the contribution of digital capacity on innovation performance, proposing the mediating role of absorptive capacity in the context of the digital transformation. It uses evidence from an extensive Greek survey in 1014 manufacturing firms and analyzes the complex relationships underlying the role of digital transformation to innovation. The contribution of the paper is two-fold: (i) it provides a deeper insight into the underlying mechanisms through which firms can leverage their digital capacity to accelerate innovation, and (ii) it highlights the important mediating role of absorptive capacity in enhancing the positive effects of digitalization indicating that digital capacity is not an unquestionable asset for innovation performance. Accordingly, our results show a positive direct contribution of digital capacity to innovation performance, which is enhanced in the presence of absorptive capacity as a mediator. In fact, the indirect effect of digital capacity to innovation performance through absorptive capacity is stronger. These findings present important policy implications, as there is need for improvement in other innovation-related aspects of the business ecosystem to efficiently address the challenge of digital transformation, such as R&D efforts, training, interaction among actors, and building of communities of practice. Springer US 2022-10-24 /pmc/articles/PMC9589644/ http://dx.doi.org/10.1007/s13132-022-01092-w Text en © The Author(s) 2022 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Original Paper
Kastelli, Ioanna
Dimas, Petros
Stamopoulos, Dimitrios
Tsakanikas, Aggelos
Linking Digital Capacity to Innovation Performance: the Mediating Role of Absorptive Capacity
title Linking Digital Capacity to Innovation Performance: the Mediating Role of Absorptive Capacity
title_full Linking Digital Capacity to Innovation Performance: the Mediating Role of Absorptive Capacity
title_fullStr Linking Digital Capacity to Innovation Performance: the Mediating Role of Absorptive Capacity
title_full_unstemmed Linking Digital Capacity to Innovation Performance: the Mediating Role of Absorptive Capacity
title_short Linking Digital Capacity to Innovation Performance: the Mediating Role of Absorptive Capacity
title_sort linking digital capacity to innovation performance: the mediating role of absorptive capacity
topic Original Paper
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9589644/
http://dx.doi.org/10.1007/s13132-022-01092-w
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