Collaborating Smartly: The Role of Open Strategy in Absorptive Capacity
Year: 2018
Type: article
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.
DOI: 10.1111/jsbm.12430
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2796258163
