Collaborating Smartly: The Role of Open Strategy in Absorptive Capacity

Document Type

Article

Date of Original Version

10-1-2019

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.

Publication Title, e.g., Journal

Journal of Small Business Management

Volume

57

Issue

4

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