engleski

Absorptive Capacity Models and Crisis Management

The term ‘absorptive capacity’ as a fundamental paradigm of knowledge management has been explained in numerous scientific works which have created capacious theoretical basis, but the component of practical application in construction has remained relatively poor. Starting from the assumption that absorptive capacity models are an adequate mediating instrument among theoretical preferences and empiric phenomena, the availability of Cohen and Levinthal (1990), Van den Bosch et al. (1999) and Zahra and George (2002) models has been particularly examined. This paper presents the Croatian consulting firm case study. The intention of applying a crisis management firm usage is to increase the absorptive capacity in order to support concentrated diversification and focusing strategy on energetic sector market niche. However, due to the rigid functional organizational architecture and cost requirements that process has been made impossible.

Absorptive Capacity; Crisis Management; Strategic Management

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