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The Relationship Between Technological Dynamics Of New Technologies And Absorptive Capacity Of Export Companies Of The Republic Of Croatia

Author

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  • Ivana Martincevic

    (University North, Croatia)

  • Goran Kozina

    (University North, Croatia)

Abstract

Information and communication and digital technologies provide numerous opportunities for companies so that companies can operate more easily and efficiently globally and, due to new technologies, gain a competitive advantage. New trends and technologies are creating great pressure in the market and companies are forced to look for new, faster and more efficient ways and models of doing business. Markets dictate the pace and are becoming more digital precisely due to technology that is advancing and evolving rapidly. With new technology, knowledge and innovations are the key factors to success. Many companies today are defined and described as knowledge companies that accumulate and develop existing knowledge but also adopt new. The aim of this paper was to explore and examine the ability of the organization to absorb knowledge (absorptive capacity) as the key factor in the process of acceptance of new technologies. The research was conducted in the Republic of Croatia and Croatian export companies (micro, small, medium and large) were included in the research. The research hypothesis "Technological dynamics of new technologies affect the absorptive capacity of acceptance of new technologies in export companies of the Republic of Croatia" was confirmed through conducted research. The research has proven that absorptive capacity plays a major role in the context of an organization’s ability to recognize, acquire, transform, and use new knowledge and new technologies.

Suggested Citation

  • Ivana Martincevic & Goran Kozina, 2020. "The Relationship Between Technological Dynamics Of New Technologies And Absorptive Capacity Of Export Companies Of The Republic Of Croatia," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 29(2), pages 425-448, december.
    • Handle: RePEc:avo:emipdu:v:29:y:2020:i:2:p:425-448
    DOI: 10.17818/EMIP/2020/2.6
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    References listed on IDEAS

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    1. Andrea Filippetti & Marion Frenzm.frenz & Grazia Ietto-Gillies, 2017. "The impact of internationalization on innovation at countries’ level: the role of absorptive capacity," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 41(2), pages 413-439.
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    Cited by:

    1. Zef Dedaj & Besnik A. Krasniqi, 2023. "Managerial Perceptions Of Export Barriers: Insights From The Survey With Ict Companies In Kosovo," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 32(1), pages 93-111, june.

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    More about this item

    Keywords

    information and communication technologies; digitalization; globalization; digital technologies; absorptive capacity; export; export companies;
    All these keywords.

    JEL classification:

    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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