Absorptive Capability and Competitive Advantage: Some Insights from Indian Pharmaceutical Industry
محورهای موضوعی : General Management
J. K. Sharma
1
(Department of Business Administration, University of Lucknow, India.)
A. K. Singh
2
(Department of Business Administration, GLA University Mathura, India.)
کلید واژه: Absorptive capability, Competitive advantage, Knowledge management framework, Learning
, 
, capability, Combinative framework,
چکیده مقاله :
Every firm learns through firm specific methods. This learning process is operationalized byfirm’s knowledge management practices. Therefore, knowledge to result in successful learning should be assistedby a combinative framework which can enhance a firms’ absorptive capability. This in turn will play a decisiverole for achieving competitive advantage. Current literature in strategic management focuses towards dynamic capability as a source of competitive advantage. Earlier studies have focused their attention on direct relationshipsamong few selective factors like knowledge management framework only; therefore the lack of clarity can betraced to under-specification of the models that the previous studies have examined. Specifically, studies providelimited view of absorptive capability by ignoring the constituting factors which should be integrated. Absorptivecapability is a type of dynamic capability. Absorptive capability as a construct involves framework for managingknowledge, ability to combine the existing and acquired knowledge and leveraging knowledge through learning forinnovation. Using absorptive capability as a mediator a model to understand the drivers of competitive advantagein Indian Pharmaceutical Industry is developed.
