Roles of absorbent capacity, innovation capacity and responsible innovation in sustainable competition advantage: A study in the hospitality industry


Authors

  • Nguyen Thi Huyen Ngan Thuongmai University
  • Nguyen Viet Thai Thuongmai University
DOI: https://doi.org/10.57110/jebvn.v4i1.281

Keywords:

Responsible innovation , sustainable competition advantage, absorbent capacity, innovation capacity

Abstract

This paper studies the role of absorptive capacity, innovation capacity, and responsible innovation (RI) in increasing the sustainable competitive advantage (SCA) of enterprises. Quantitative research was conducted with hotels in Hanoi, including reliability analysis, exploratory factor analysis, measurement model analysis, and structural model analysis. Research results show that absorptive capacity has a positive effect on innovation capacity; absorptive capacity and innovation capacity have a positive effect on RI and SCA; RI has a positive effect on SCA and plays a mediating role in the relationships between absorptive capacity, innovation capacity, and the SCA. The results are supported by the resource-based view and dynamic capabilities theory, which provides empirical evidence demonstrating the important role of absorptive capacity, innovation capacity, and especially RI in creating the SCA. This result also provides useful information for managers to improve capacity and RI to increase the SCA.

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25-02-2024

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How to Cite

Nguyen Thi Huyen Ngan, & Nguyen Viet Thai. (2024). Roles of absorbent capacity, innovation capacity and responsible innovation in sustainable competition advantage: A study in the hospitality industry. VNU JOURNAL OF ECONOMICS AND BUSINESS, 4(1), 32. https://doi.org/10.57110/jebvn.v4i1.281

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