Can I create one InCopy link and assign it to multiple InDesign files (or vice versa)?

For example, I have a paragraph that I reuse in multiple InDesign files for the same product. I would like to create one parent link that is assigned to each of those InDesign files, so that when I make a change I only make it once. Is this a capability of InCopy? Or is this something that InDesign is capable of? (I realize this is the advantage of having a CCMS, which we don't have yet.)