ENGINEERING A SOCIOECONOMIC PHENOMENON: ABSORPTIVE CAPACITY IN ORGANIZATIONS

• DOI: 10.22533/at.ed.3173252324076

• Palavras-chave: Absorptive capacity, dynamic capability, engineering organizations, knowledge management, socioeconomic phenomena.

• Keywords: Absorptive capacity, dynamic capability, engineering organizations, knowledge management, socioeconomic phenomena.

• Abstract:

  The absorptive capacity construct has been defined as an organizational dynamic capability to identify, assimilate, transform and apply external knowledge in a productive way fostering competitive advantage and productivity increase, in a fast changing environment, intense rivalry, market pressures, and global economic uncertainty. Investment in absorptive capacity promote the ability to anticipate innovation trends  and take advantage of emerging opportunities before their competitors can recognize them. However, most of the literature focuses on description and conceptualization of absorptive capacity. Furthermore, absorptive capacity has been confined to the organization domain without taking into consideration the macroeconomic and socioeconomic context where organizations are dynamic agents. An alternative wider approach comes from modern engineering designing (not defining) the construct of absorptive capacity. This research introduces a design –both conceptual, applied and implementable- of the absorptive capacity of organizations construct to make them sustainable in highly dynamic environments, founded on organizational knowledge.