The Importance of Proximity for the Start-Ups' Knowledge Acquisition and Exploitation

Manuela Presutti · Cristina Boari · Antonio Majocchi

79 citations0/0 files storedJournal of Small Business Management

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Innovation and Knowledge Management Entrepreneurship Studies and Influences Regional Development and Innovation

Abstract

This paper intends to verify the impact of geographical proximity on the processes of knowledge acquisition and exploitation by high-tech start-ups considering at the same time the role of both the social and cognitive dimensions of proximity. Our basic assumption is that proximity means a lot more than just geography. The findings from this research broaden our understanding of how start-ups located inside an industrial cluster acquire knowledge from their customers and exploit it in an innovative way, underscoring the need to reconsider assumptions regarding the importance of geographical proximity between business partners during knowledge management.

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References

1990Absorptive Capacity: A New Perspective on Learning and Innovation 1985Economic Action and Social Structure: The Problem of Embeddedness 1991The Competitive Advantage of Nations 1979A Paradigm for Developing Better Measures of Marketing Constructs 1996Toward a knowledge‐based theory of the firm 1990The Competitive Advantage of Nations 1998Social Capital, Intellectual Capital, and the Organizational Advantage 1992Knowledge of the Firm, Combinative Capabilities, and the Replication of Technology

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