Cognitive proximity for innovation: Why matters? an applied analysis.

The purpose of this research is to deepen the study of the influence of cognitive proximity has on the innovative performance of firms, as well as the mediating effect of potential and realized absorptive capacity in this relationship. For this purpose, an empirical analysis has been carried out. Th...

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Main Authors: Eduardo Sánchez-García, Javier Martínez-Falcó, Bartolomé Marco-Lajara, Jakub Pizoń
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2023-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0283557
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author Eduardo Sánchez-García
Javier Martínez-Falcó
Bartolomé Marco-Lajara
Jakub Pizoń
author_facet Eduardo Sánchez-García
Javier Martínez-Falcó
Bartolomé Marco-Lajara
Jakub Pizoń
author_sort Eduardo Sánchez-García
collection DOAJ
description The purpose of this research is to deepen the study of the influence of cognitive proximity has on the innovative performance of firms, as well as the mediating effect of potential and realized absorptive capacity in this relationship. For this purpose, an empirical analysis has been carried out. The primary data have been analyzed by means of PLS-SEM technique. The results show that the cognitive proximity of firms has both a direct and an indirect impact on their innovative performance, through their potential and realized absorptive capacity. We conclude that cognitive proximity matters for the innovation performance of firms, as it facilitates the understanding and establishment of positive reciprocity agreements between the companies, especially in terms of knowledge. Nevertheless, firms must develop a great capability to absorb new knowledge to exploit the advantages derived from its cognitive proximity to its stakeholders and leverage all the knowledge within their reach.
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spelling doaj.art-aede71d37f9c430183776a6923a1f2bd2023-05-27T05:31:29ZengPublic Library of Science (PLoS)PLoS ONE1932-62032023-01-01185e028355710.1371/journal.pone.0283557Cognitive proximity for innovation: Why matters? an applied analysis.Eduardo Sánchez-GarcíaJavier Martínez-FalcóBartolomé Marco-LajaraJakub PizońThe purpose of this research is to deepen the study of the influence of cognitive proximity has on the innovative performance of firms, as well as the mediating effect of potential and realized absorptive capacity in this relationship. For this purpose, an empirical analysis has been carried out. The primary data have been analyzed by means of PLS-SEM technique. The results show that the cognitive proximity of firms has both a direct and an indirect impact on their innovative performance, through their potential and realized absorptive capacity. We conclude that cognitive proximity matters for the innovation performance of firms, as it facilitates the understanding and establishment of positive reciprocity agreements between the companies, especially in terms of knowledge. Nevertheless, firms must develop a great capability to absorb new knowledge to exploit the advantages derived from its cognitive proximity to its stakeholders and leverage all the knowledge within their reach.https://doi.org/10.1371/journal.pone.0283557
spellingShingle Eduardo Sánchez-García
Javier Martínez-Falcó
Bartolomé Marco-Lajara
Jakub Pizoń
Cognitive proximity for innovation: Why matters? an applied analysis.
PLoS ONE
title Cognitive proximity for innovation: Why matters? an applied analysis.
title_full Cognitive proximity for innovation: Why matters? an applied analysis.
title_fullStr Cognitive proximity for innovation: Why matters? an applied analysis.
title_full_unstemmed Cognitive proximity for innovation: Why matters? an applied analysis.
title_short Cognitive proximity for innovation: Why matters? an applied analysis.
title_sort cognitive proximity for innovation why matters an applied analysis
url https://doi.org/10.1371/journal.pone.0283557
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