Collaborating Smartly: The Role of Open Strategy in Absorptive Capacity. (1st October 2019)

• Record Type: Journal Article
• Authors: Pittz, Thomas G.; Intindola, Melissa L.; Adler, Terry; Rogers, Sean; Gard, Charlotte
• Is Part Of: Journal of small business management. Volume 57:Number 4(2019)
• Page Start: 1595
• Page End: 1615
• Publication Date: 2019-10-01
• Subjects: Small business -- Management -- Periodicals; 658.022
• DOI: 10.1111/jsbm.12430
• Languages: English
• ISSNs: 0047-2778

Abstract

Abstract : Research on open strategy suggests that shared knowledge through collaboration can generate co‐created value. We explore this idea by assessing it as a predictor of absorptive capacity (ACAP) in cross‐sector partnerships in pursuit of social innovation. The findings of our study indicate that aspects of strategic openness, including a shared sense of interdependence toward a mutual goal, are the primary mechanisms that enhance knowledge accretion in cross‐sector partnerships. The data also suggest that formalized organizational mechanisms are more influential for producing ACAP than informal mechanisms.