Mahir Pradana, Ana PeÌrez-LunÌo, MarÃa Fuentes-Blasco
The purpose of this study is to investigate aspects of absorptive capacity (ACAP) as a driver for innovation among Spanish wine industry. We use Exploratory Factor Analysis (EFA) followed by Confirmatory Factor Analysis (CFA) to review the existing theories related to ACAP. From the research we conducted out of 111 wine companies in Spain, three factors are empirically proven to be in accordance with the theory, knowledge acquisition, assimilation and transformation. One other factor, knowledge exploitation, does not correspond with our empirical result. We have come to the conclusion that using other indicators related to knowledge exploitation capabilities might lead to more fit research model.