RT Journal Article
T1 Early efforts to develop absorptive capacity and their performance implications: differences among corporate and independent ventures
A1 Larrañeta, Barbara
A1 Galán, Jose Luis
A1 Aguilar Caro, Rocío
K1 Absorptive capacity 
K1 Corporate ventures
K1 Independent ventures
K1 New ventures
K1 Performance
AB This paper examines the performance implications of efforts in absorptive capacity development for new ventures, companies in their eight first years of existence.We distinguish between corporate ventures (CVs) and ventures created by independent entrepreneurs (IVs) and explore the extent to which they vary in: (1) the emphasis on building different absorptive capacity dimensions and (2) their performance gains from absorptive capacity dimensions. Using data from 140 new ventures, our results show that CVs emphasize potential absorptive capacity (combining external knowledge acquisition and assimilation) more than IVs. Conversely, IVs focus more on exploiting external knowledge. We also find that efforts in activating realized absorptive capacity (combining external knowledge transformation and exploitation) have a negative effect on the performance of new ventures that is stronger for CVs than IVs. Yet, this negative effect of realized absorptive capacity on new venture performance is mitigated when combined with efforts in potential absorptive capacity in the case of CVs. The implications of our study for research into the multidimensional nature of absorptive capacity and the dynamic capabilities approach are discussed.
PB Springer Science+Business Media New York
YR 2017
FD 2017
LK https://hdl.handle.net/10433/19683
UL https://hdl.handle.net/10433/19683
LA en
NO Larrañeta, B., Galán González, J. L., & Aguilar, R. (2017). Early efforts to develop absorptive capacity and their performance implications: Differences among corporate and independent ventures. The Journal of Technology Transfer, 42(3), 485-509. https://doi.org/10.1007/s10961-016-9488-1
NO Departamento de Organización de Empresas y Marketing
DS RIO
RD May 9, 2026