How Entrepreneurs Absorb Knowledge Spillovers During Innovative Product Development: Evidence From UK Start‐Ups

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Titel: How Entrepreneurs Absorb Knowledge Spillovers During Innovative Product Development: Evidence From UK Start‐Ups
Autoren: Marco Cuvero, Maria L. Granados, Alan Pilkington, Richard Evans, Wai Wai Ko, Maria Bortnovskaya, Catherine L. Wang
Quelle: R&D Management. 55:1381-1399
Verlagsinformationen: Wiley, 2025.
Publikationsjahr: 2025
Schlagwörter: medium to high-tech firms, start-ups, product innovation, knowledge spillovers, absorptive capacity, entrepreneurship
Beschreibung: This study examines the impact of knowledge spillovers on product innovation performance within UK medium to high‐tech start‐ups. We propose a conceptual model that explains the relationship between incoming and network knowledge spillovers, potential and realized absorptive capacity, and exploratory and exploitative innovation performance, considering technological turbulence. Based on a PLS‐SEM analysis of 556 UK‐based medium to high‐tech start‐ups, our results show that during the potential absorptive capacity phase, start‐ups focus on acquiring incoming and networked knowledge spillovers. However, the exploitation of network knowledge spillovers occurs during the realized absorptive capacity phase. These findings contribute to the current understanding of the role of knowledge spillovers in absorptive capacity, while from a practical perspective they provide start‐ups with guidance on optimizing and exploiting knowledge spillover based on their firms' characteristics.
Publikationsart: Article
Sprache: English
ISSN: 1467-9310
0033-6807
DOI: 10.1111/radm.12768
Zugangs-URL: https://bura.brunel.ac.uk/handle/2438/31169
Rights: CC BY
Dokumentencode: edsair.doi.dedup.....e0183d43d324620c7563acc23a70e5a7
Datenbank: OpenAIRE
Beschreibung
Abstract:This study examines the impact of knowledge spillovers on product innovation performance within UK medium to high‐tech start‐ups. We propose a conceptual model that explains the relationship between incoming and network knowledge spillovers, potential and realized absorptive capacity, and exploratory and exploitative innovation performance, considering technological turbulence. Based on a PLS‐SEM analysis of 556 UK‐based medium to high‐tech start‐ups, our results show that during the potential absorptive capacity phase, start‐ups focus on acquiring incoming and networked knowledge spillovers. However, the exploitation of network knowledge spillovers occurs during the realized absorptive capacity phase. These findings contribute to the current understanding of the role of knowledge spillovers in absorptive capacity, while from a practical perspective they provide start‐ups with guidance on optimizing and exploiting knowledge spillover based on their firms' characteristics.
ISSN:14679310
00336807
DOI:10.1111/radm.12768