Absorptive capacity for innovation management control: Empirical evidence from hybrid product-service bundles

Mario Schaarschmidt*, Eustathios Sainidis, Thomas Matheus, Daniel El Kohli

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

This paper examines the antecedents and consequences of a firm’s absorptive capacity for innovation management control (ACIMC). Absorptive capacity, defined as an organisational-level capability to identify, assimilate, and exploit external knowledge, has predominantly been applied to technological knowledge. In this paper, we focus on external knowledge in relation to innovation management control (IMC), a management task that combines innovation management and management control. In addition, we apply our conceptualisation of ACIMC to the development of hybrid offerings, consisting of product and service components. Results of a survey among companies in Europe support our hypotheses that ACIMC (with four dimensions: Acquisition, assimilation, transformation, and exploitation) indirectly influences financial and innovation performance through hybrid product-service IMC. This paper ends with recommendations for innovation management practice and theory.
Original languageEnglish
Article number2350034
JournalInternational Journal of Innovation Management
Volume27
Issue number6
Early online date7 Dec 2023
DOIs
Publication statusPublished - 2023

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