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The external knowledge transmitted and disseminated through the firm's absorptive capacity can improve the knowledge already available in the organization and lead managers to explore different entrepre- neurial strategies that encourage the firm's growth (Cohen & Levinthal, 1990; Zahra et al.
In conclusion, absorptive capacity permits exploitation and integration of external knowledge, increasing chances for better comprehension of the opportunity and thus better ability to respond to entrepreneurial activities (Zahra, Nielsen, & Bogner, 1999).
Absorptive capacity permits exploitation and integration of external knowledge, which increases the probability of understanding the opportunity better and responding with entrepreneurial activities (Zahra et al.
Firms that consistently invest in assimilating and exploiting new external knowledge are more likely to capitalize on changing environmental conditions by gener- ating innovative products to meet the needs of emerging markets (Kostopoulos et al.
Absorptive capacity successfully allows firms to identify and utilize external knowledge inflows (Escribano, Fosfuri, & Tribo, 2009).
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