RT Journal Article T1 Absorbing knowledge from supply-chain, industry and science: The distinct moderating role of formal liaison devices on new productdevelopment and novelty A1 Cruz González, Jorge A1 López Sáez, Pedro A1 Navas López, José Emilio AB Building on open innovation literature and recent developments within absorptive capacity research, this paper addresses if the use of formal liaison devices by firms differently influences the effects of external knowledge acquisition from suppliers, customers, competitors and universities on new product development and novelty of new products. The results of a survey of 248 Spanish industrial high-tech firms show that whereas the use of these mechanisms positively moderates the relationship between knowledge acquisition from suppliers and competitors and new product development, they negatively moderate the effect of knowledge acquisition from universities and have no effect on knowledge acquired from customers. On the other hand, the use of these devices negatively moderates the relationship between knowledge acquisition from suppliers and novelty of new products, and has no effect on the knowledge acquired from customers, competitors and universities. Moreover, knowledge acquisition from universities has a direct negative effect on novelty. Contribution of these findings to open innovation and absorptive capacity research is discussed. PB Elsevier Inc. SN 0019-850 YR 2015 FD 2015-03-18 LK https://hdl.handle.net/20.500.14352/23818 UL https://hdl.handle.net/20.500.14352/23818 LA eng NO Ministerio de Ciencia e Innovación (MICINN) NO Ministerio de Economía y Competitividad (MINECO) NO Ministerio de Educación NO Programa de Ayudas para Estancias Breves del Programa de Formación de Profesorado Universitario 2011 DS Docta Complutense RD 24 abr 2025