Other Researches On The Subject
Researches on subjects related to the development of absorptive capacity have included studies focusing on research and development, knowledge management, organizational structures, human resources, external interactions, social capital, supplier integration, client integration and inter-organizational fit. All those researches provide a better picture of absorptive capacity that makes it possible for any firm to develop its absorptive capacity improving different areas of their organization.
Today the theory involves organizational learning, industrial economics, the resource-based view of the firm and dynamic capabilities. This theory has undergone major refinement, and today a firm's absorptive capacity is mostly conceptualized as a dynamic capability.
Two concepts related to absorptive capacity are:
- Receptivity: The firm's overall ability to be aware of, identify and take effective advantage of technology.
- Innovative Routines: Practiced routines that define a set of competencies the firm is capable of doing confidently and the focus of the firm's innovation efforts.
Read more about this topic: Absorptive Capacity
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