Competency Profiling of Organization's Absorptive Capacity Development

Chulatep Senivongse

A chapter in Business and Management Annual Volume 2023 from IntechOpen

Abstract: This study examines the relationship between competencies and absorptive capacity in organizations. Absorptive capacity, defined by Cohen and Levinthal, is a firm's ability to acquire, assimilate, transform, and leverage external knowledge for business opportunities. Competency refers to individual capabilities for effective task performance. The study explores the recursive nature of absorptive capacity, where individual competencies contribute to its development within the firm. Four competency domains - learning capability, business-orientation, self-orientation, and social intelligence - are identified, forming a framework for analyzing competencies required at different absorptive capacity stages. Aligning competency development with specific stage requirements enhances absorptive capacity. Valuable insights are provided for management, especially HR professionals, to design and manage competency, foster absorptive capacity development, and support organizational growth strategies.

Keywords: competency management; competency assessment; absorptive capacity; absorptive capacity competency; HR development (search for similar items in EconPapers)
JEL-codes: M00 M2 (search for similar items in EconPapers)
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.intechopen.com/chapters/88687 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ito:pchaps:326293

DOI: 10.5772/intechopen.113322

Access Statistics for this chapter

More chapters in Chapters from IntechOpen
Bibliographic data for series maintained by Slobodan Momcilovic ().