关键词: 吸收能力, 创新绩效, 财务绩效, 知识环境, 动态能力, Absorptive Capacity, Innovation, Financial Performance, Knowledge Environment, Dynamic Competency

Abstract: Since the introduction of absorptive capacity as an important construct to understand firms’ learning behavior, studies in this field have undergone a gradual transformation in the last three years. Absorptive capacity has been increasingly viewed as a dynamic competency that evolves over time with environment. From a dynamic competency view of learning, this article aims to discover whether firms restructure their absorptive capacity to improve innovation and financial performance under different knowledge environments. Data from a survey conducted in 113 firms confirms the above hypothesis. It contributes to the literature by confirming empirically that firms need the synergies from absorptive capacity subsets to achieve optimal performance. Besides, this article further details what combinations of absorptive capacity subsets firms use as the tacitness of their knowledge environment varies. This lends important insights into how firms survive the tension between resource constraints and learning. Business practitioners can also use those findings to optimize their resource investments and improve learning efficiency.