Absorptive Capacity & Organization Level Phenomena Flashcards
1
Q
Definition Absorptive Capacity (1+3)
A
- Ability to recognize the value of new, external information, assimilate it and apply it to commercial ends
- > critical to innovation capabilities
- > largely a function of prior knowledge
- > path dependent
2
Q
Definition Potential Absorptive Capacity
A
- Capability to acquire and assimilate external knowledge (access/import & interpret/understand)
3
Q
Definition Realized Absorptive Capacity
A
- Capacity to transform knowledge and exploit it (combine new with existing & apply to operations)
4
Q
OLP: Exploration/exploitation
- What
- Explains what
A
- Characteristics of organizational processes building on refinement and extention of existing competencies vs. experimentation and discovery
- Explains: How the balance among different investing opportunities affects firm performance
5
Q
OLP: Dynamic capabilities
A
- Meta processes directed at changing a firm’s operational processes and resources
- Explains: Strategic adaptation of operational processes and exploitation of opportunities
6
Q
OLP: Absorptive capacity
A
- Information processing of external knowledge (organizational learning)
- Explains: How information processing capabilities impact performance improvements
