CONCEPT OF AN INTERNET-BASED PLATFORM FOR AN EFFICIENT TECHNOLOGY ABSORPTION
Companies rely on external sources of technology in order to apply innovations to their products. Thus, the absorptive capacity of companies, defined as the ability to identify, import and apply new technology, becomes critical to a company’s innovative capabilities. Based on existing literature a process model for technology absorption is developed. Obstacles and practices of this process taken from an empirical study are linked to the different stages of the process in order to structure the problems and practices. Finally, a concept is development and briefly introduced to reduce the obstacles and therefore facilitate a more efficient absorption of external knowledge.