SOURCES OF INFORMATION AND COOPERATION FOR INNOVATION IN NORWAY.

  • Robinson S
  • Stubberud H
  • 18

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Abstract

In an age of global competition and rapid technological change, the capacity to innovate and adapt to change is crucial to business performance. Knowledge-based assets and organizational learning capabilities are recognized to be critical to a firm's innovative activities. The process of creating new knowledge requires absorptive capacity, which is defined as the firm's overall capacity for acquiring and assimilating information, and utilizing it effectively for firm performance (Cohen & Levinthal, 1990; Gray, 2006; Liao, Welshe & Stoica, 2002; Jansen, Van Den Bosch & Volberda, 2005; Teece, Pisano & Shuen, 1997; Zahra & Covin, 1995; Zahra & George, 2002). Empirical studies suggest networks have a strong influence on successful innovation as they relate to access to information (Cooper, 1993; Liao, Wu, Hu, & Tsuei, 2009). SMEs face challenges in competing with big business because large companies are more likely to have the resources to keep up with technological developments, track competitors, attract and retain skilled employees, and develop new products and processes (Eurostat, 2009, p. 46). This study uses data from the Eurostat Community Innovation Survey to examine the sources of information deemed highly important for innovation. Analysis of the data shows that large businesses in Norway were more likely than SMEs to cooperate with partners and to benefit from information from most sources, including government and universities, suggesting more can be done to encourage innovation in SMEs. [ABSTRACT FROM AUTHOR]

Author-supplied keywords

  • COMPETITION (Economics)
  • NORWAY
  • ORGANIZATIONAL learning
  • SMALL business
  • TECHNOLOGICAL innovations

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Authors

  • Sherry Robinson

  • Hans Anton Stubberud

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