Business, Management and Accounting
5 years ago

Emerging Firms Gain Edge by Seizing Opportunities, Boosting Innovation Catch-Up

2 views
Knowledge Management Research & Practice
The role of absorptive capacity and opportunity capture in latecomer firms’ innovation catch-up
Claudio Petti, Yongli Tang, Elisa Barbieri, Lauretta Rubini

Paper Summary

The article explores why some companies in China struggle to catch up with others in innovation. It looks at how well these companies can learn new ideas and take advantage of opportunities in the market. The study found that being good at spotting opportunities is more important for a company's success than just coming up with new technologies. This means that having the ability to learn and adapt to new ideas is crucial for companies trying to catch up with others in the industry.

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