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In our increasingly open innovation world wouldn’t it be useful to have ‘‘the ability …. to recognize the value of new, external information, assimilate it, and apply it to commercial ends’? If all the smart guys don’t work for you then it’s going to be important to have the skills and processes to make sure
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Deep dive Absorptive capacity This explores the concept of AC and its implications for building innovation management capability
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This tool helps explore absorptive capacity within an organization.
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Absorptive capacity audit. This is a self-assessment tool to help explore absorptive capacity within an organization.
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These are tools to help build innovation management capability Innovation fitness test Absorptive capacity audit High involvement innovation audit SPOTS framework