New information play vital role for decision-making process. A firm by utilizing new information can achieve competitive advantage over its competitors. Therefore, it is necessary for the firm to recognize the value of absorptive capacity. Organization must develop Absorptive capacity in order to become innovative.
Discussion
Absorptive capacity and organizational learning
Learning new ways by the organization helps to discover new ways to design organizations so that they perform their functions effectively and efficiently. It encourages people to achieve their full prospective, and, at the same time, help the world to be a better ...