Organizational learning theory and the firm's absorptive capacity for new external knowledge are considered principal drivers of strategic renewal in strategy research

Question

Quizplus · Accepted Answer

Organizational learning theory and absorptive capacity are widely recognized as important factors in driving strategic renewal within a firm. These ideas suggest that organizations must be able to effectively acquire, assimilate, and apply new knowledge and capabilities from external sources in order to succeed in rapidly changing markets and environments. As such, these concepts are a key focus of contemporary strategy research and practice.

Organizational Learning Theory and the Firm's Absorptive Capacity for New