Table of Contents

Developing, Shaping and Growing Entrepreneurship

Developing, Shaping and Growing Entrepreneurship

European Research in Entrepreneurship series

Edited by Alain Fayolle, Paula Kyrö and Francisco Liñán

Developing, Shaping and Growing Entrepreneurship considers the role played by education, research, context and strategy in helping to grow entrepreneurial projects from the initial seed of an idea through to the fruition of success. This book is a wide-ranging examination of the influences on entrepreneurial activity that also asks new questions of entrepreneurship and opens new avenues of research. As such, it will become essential reading for academic researchers and entrepreneurial practitioners alike.

Chapter 10: Absorptive and adaptive capability in commercializing new technology: a case study of emerging petroleum companies in Norway

Tatiana Iakovleva, Elin Oftedal and Lene Foss

Subjects: business and management, entrepreneurship

Abstract

When studies identify different types of dynamic capabilities, scholars agree that the field lacks empirical evidence of new firms and the role of dynamic capabilities in their survival and development (Zahra et al., 2006). Responding to this call, we aim to answer the following research question: how do firms featuring emerging technology develop absorptive and adaptive capabilities in their commercialization process? A multiple case study of three new innovative firms operating in the drilling and exploration segment of the Norwegian petroleum industry suggests that for small innovative firms in early stages of the commercialization process, absorptive capacity may be especially crucial for the development of an innovative product, while adaptive capability seems necessary for a successful commercialization process and firm survival. Key words: absorptive capability, adaptive capability, commercialization, innovation, emerging firms, petroleum industry

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