Book Chapter

·2026

The Relationship Between Absorptive Capacity, Product Innovation, Firm Performance, and Market Turbulence

Cemal Zehir YTU , Yasin Şehitoğlu YTU , Sümeyye Çiçek Vural YTU

Abstract

This research examines the relationships among firms' absorptive capacity, product innovation, performance, and market turbulence. Quantitative data were collected through surveys from 211 medium- and large-sized firms operating in various sectors in Türkiye. Data were analyzed using SPSS PROCESS Macro, and direct and indirect relationships between the variables were examined. The research results supported the hypotheses regarding the mediation of product innovation in the relationship between absorptive capacity and firm performance, and the moderating effect of market turbulence.

Keywords

Absorptive capacity Mediation Product (mathematics) Product market Process (computing) Panel data Business Industrial organization Econometrics

Subject Areas

Innovation and Knowledge Management ·Strategy and Management ·Social Sciences
Firm Innovation and Growth ·Economics and Econometrics ·Social Sciences
Organizational Leadership and Management Strategies ·Strategy and Management ·Social Sciences

OpenAlex SDG Match

SDGs auto-classified by OpenAlex (score ≥ 0.4 shown).

Industry, innovation and infrastructure 59%