Absorptive capacity and smart companies

<p><strong>Purpose:</strong> The current competitive environment is substantially modifying the organizations’ learning processes due to a global increase of available information allowing this to be transformed into knowledge. This opportunity has been exploited since the nineties...

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Main Authors: Patricia Moro González, Fernando E. Garcia Muiña
Format: Article
Language:Catalan
Published: OmniaScience 2014-12-01
Series:Intangible Capital
Subjects:
Online Access:http://www.intangiblecapital.org/index.php/ic/article/view/508
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author Patricia Moro González
Fernando E. Garcia Muiña
author_facet Patricia Moro González
Fernando E. Garcia Muiña
author_sort Patricia Moro González
collection DOAJ
description <p><strong>Purpose:</strong> The current competitive environment is substantially modifying the organizations’ learning processes due to a global increase of available information allowing this to be transformed into knowledge. This opportunity has been exploited since the nineties by the tools of “Business Analytics” and “Business Intelligence” but, nevertheless, being integrated in the study of new organizational capacities engaged in the process of creating intelligence inside organizations is still an outstanding task. The review of the concept of absorptive capacity and a detailed study from the perspective of this new reality will be the main objective of study of this paper.</p><p><strong>Design/methodology/approach:</strong> By comparing classical absorptive capacity and absorptive capacity from the point of view of information management tools in each one of the three stages of the organizational learning cycle, some gaps of the former are overcome/fulfilled. The academic/bibliographical references provided in this paper have been obtained from ISI web of knowledge, Scopus and Dialnet data bases, supporting the state of affairs on absorptive capacity and thereafter filtering by "Business Intelligence" and "Business Analytics". Specialized websites and Business Schools` Publications there have also been included, crowning the content on information management tools used that are currently used in the strategic consulting.</p><p><strong>Findings: </strong>Our contribution to the literature is the development of "smart absorptive capacity". This is a new capacity emerging from the reformulation of the classical concept of absorptive capacity wherein some aspects of its definition that might have been omitted are emphasized. The result of this new approach is the creation of a new Theoretical Model of Organizational Intelligence, which aims to explain, within the framework of the Resources and Capabilities Theory, the competitive advantage achieved by the so-called smart companies.</p><p><strong>Originality/value:</strong> This paper presents a novel integration of various concepts: the concept of absorptive capacity from academic research and strategic consulting associated with the tools of information management. This allows us to develop better management practices by obtaining profit from these investments and facilitating the creation of intelligence inside organizations.</p>
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spelling doaj.art-ffcfd2d99f0d433dadecba440457b8d42022-12-21T17:59:42ZcatOmniaScienceIntangible Capital1697-98182014-12-0110592294710.3926/ic.508303Absorptive capacity and smart companiesPatricia Moro González0Fernando E. Garcia Muiña1Universidad Rey Juan Carlos. Madrid.Universidad Rey Juan Carlos. Madrid.<p><strong>Purpose:</strong> The current competitive environment is substantially modifying the organizations’ learning processes due to a global increase of available information allowing this to be transformed into knowledge. This opportunity has been exploited since the nineties by the tools of “Business Analytics” and “Business Intelligence” but, nevertheless, being integrated in the study of new organizational capacities engaged in the process of creating intelligence inside organizations is still an outstanding task. The review of the concept of absorptive capacity and a detailed study from the perspective of this new reality will be the main objective of study of this paper.</p><p><strong>Design/methodology/approach:</strong> By comparing classical absorptive capacity and absorptive capacity from the point of view of information management tools in each one of the three stages of the organizational learning cycle, some gaps of the former are overcome/fulfilled. The academic/bibliographical references provided in this paper have been obtained from ISI web of knowledge, Scopus and Dialnet data bases, supporting the state of affairs on absorptive capacity and thereafter filtering by "Business Intelligence" and "Business Analytics". Specialized websites and Business Schools` Publications there have also been included, crowning the content on information management tools used that are currently used in the strategic consulting.</p><p><strong>Findings: </strong>Our contribution to the literature is the development of "smart absorptive capacity". This is a new capacity emerging from the reformulation of the classical concept of absorptive capacity wherein some aspects of its definition that might have been omitted are emphasized. The result of this new approach is the creation of a new Theoretical Model of Organizational Intelligence, which aims to explain, within the framework of the Resources and Capabilities Theory, the competitive advantage achieved by the so-called smart companies.</p><p><strong>Originality/value:</strong> This paper presents a novel integration of various concepts: the concept of absorptive capacity from academic research and strategic consulting associated with the tools of information management. This allows us to develop better management practices by obtaining profit from these investments and facilitating the creation of intelligence inside organizations.</p>http://www.intangiblecapital.org/index.php/ic/article/view/508Absorptive Capacity, Business Intelligence, Business Analytics
spellingShingle Patricia Moro González
Fernando E. Garcia Muiña
Absorptive capacity and smart companies
Intangible Capital
Absorptive Capacity, Business Intelligence, Business Analytics
title Absorptive capacity and smart companies
title_full Absorptive capacity and smart companies
title_fullStr Absorptive capacity and smart companies
title_full_unstemmed Absorptive capacity and smart companies
title_short Absorptive capacity and smart companies
title_sort absorptive capacity and smart companies
topic Absorptive Capacity, Business Intelligence, Business Analytics
url http://www.intangiblecapital.org/index.php/ic/article/view/508
work_keys_str_mv AT patriciamorogonzalez absorptivecapacityandsmartcompanies
AT fernandoegarciamuina absorptivecapacityandsmartcompanies