Abstract
Although there are many ways for a firm to gain a competitive advantage, the most important of these are innovation and strategic flexibility (Zahra and George, 2002). One of the most effective tools to achieve innovation is to increase the absorptive capacity so that the information and technologies developed outside the enterprise can be more easily understood and included in the internal production factors (Moutinho, 2016). In this study, what the concept of absorptive capacity is, what needs it emerged from, and how it has changed over time are examined.
Keywords
Absorptive capacity
Production (economics)
Flexibility (engineering)
Competitive advantage
Information technology
Innovation management
Business
Knowledge management
Process management
Subject Areas
Scientific Innovation and Industrial Efficiency
·General Decision Sciences ·Social Sciences
Historical Studies in Central America
·History ·Social Sciences
Organizational Strategy and Culture
·Organizational Behavior and Human Resource Management ·Social Sciences
OpenAlex SDG Match
SDGs auto-classified by OpenAlex (score ≥ 0.4 shown).
Industry, innovation and infrastructure 68%