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Balancing absorptive capacity and inbound open innovation for sustained innovative performance An attention-based view.pdf
European Management Journal 34 (2016) 80e90
Contents lists available at ScienceDirect
European Management Journal
journal homepage: /locate/emj
Balancing absorptive capacity and inbound open innovation for sustained innovative performance: An attention-based view
Bongsun Kim a, Eonsoo Kim a, *, Nicolai J. Foss b
a Department of Management, Korea University Business School, 5-1 Anam-dong Sungbuk-ku, Seoul 136-701, Republic of Korea b Department of Strategic Management and Globalization, Copenhagen Business School, Kilen, Kilevej 14, 2nd Fl., 2000 Frederiksberg, Denmark
article info
Article history: Received 24 February 2015 Received in revised form 10 October 2015 Accepted 14 October 2015 Available online 12 November 2015
Keywords: Absorptive capacity Boundary-spanning Sustained innovation Attention-based view
abstract
How can a ?rm develop new ideas and turn them into pro?table innovations on a sustained basis? We address this fundamental issue in a novel way by developing an integrative framework of absorptive capacity (AC) and inbound open innovation that is rooted in the attention-based view of the ?rm. We speci?cally address why a balance between open and closed innovation is important from the perspective of absorptive capacity, and show how it may be brought about. Pursuing either open or closed inbound innovation alone may result in an imbalance between potential AC and realized AC as well as inward-looking AC and outward-looking AC, which will hinder innovative performance. We argue that practicing open and closed inbound innovation repeatedly and alternately by switching organizational attentions, and thus developing the associated AC, can facilitate balancing absorptive capacity and lead to innovative performance.
? 2015 Elsevier Ltd. All rights reserved.
1. Introduction
A fundamental aspect of innovation is “making novel linkages and associations” (Cohen Levinthal, 1990: 133; also Nelson Winter, 1982; Schumpeter, 1934). Increasingly, innovation and stra
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