Understanding absorptive capacities in an "innovation systems" context: consequences for economic and employment growth

Narula, Rajneesh (2004). Understanding absorptive capacities in an "innovation systems" context: consequences for economic and employment growth. UNU-MERIT Research Memoranda. UNU-MERIT.

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    Author Narula, Rajneesh
    Title Understanding absorptive capacities in an "innovation systems" context: consequences for economic and employment growth
    Series Title UNU-MERIT Research Memoranda
    Volume/Issue No. 3
    Publication Date 2004
    Publisher UNU-MERIT
    Language eng
    Abstract This paper seeks to broaden our understanding of the concept underlying absorptive capacity at the macro'level, paying particular attention to the growth and development perspectives. We provide definitions of absorptive and technological capacity, external technology flows, productivity growth, employment creation and their interrelations. We then analyse the elements of absorptive capability, focusing on the nature of the relationship within a systems view of an economy, focusing primarily on the role of firm and non-firm actors and the institutions that connect them, both within and across borders. We also undertake to explain how the nature of absorptive capacity changes with stages of economic development, and the importance of the different aspects of absorptive capability at different stages. The relationship is not a linear one: the benefits that accrue from marginal increases in absorptive capability change over time. Finally, we provide a tentative and preliminary conceptual argument of how the different stages of absorptive capacity are related to productivity growth, economic growth and employment creation.
    Copyright Year 2004
    Copyright type All rights reserved
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    Created: Fri, 13 Dec 2013, 12:40:33 JST