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Understanding absorptive capacities in an "innovation systems" context: consequences for economic and employment growth Author info | Abstract | Publisher info | Download info | Related research | Statistics Narula,Rajneesh (MERIT)
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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.
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Paper provided by Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology in its series Research Memoranda with number
004.
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Date of creation: 2004Date of revision:
Handle: RePEc:dgr:umamer:2004004Contact details of provider: Web page: http://edocs.ub.unimaas.nl/
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Keywords: economics of technology Other versions of this item:
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