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Welcome to "Revise and Resubmit" — and this is "Weekend Classics"! 🎙️📚✨
Some ideas arrive quietly. Some arrive loud. The best ones arrive, linger, and change how we see everything. Today’s classic does exactly that. 🚀🧠
We’re opening the spine on Absorptive Capacity: A New Perspective on Learning and Innovation by Wesley M. Cohen and Daniel A. Levinthal — published in Administrative Science Quarterly, a prestigious FT50 journal, Vol. 35, No. 1, Special Issue: Technology, Organizations, and Innovation (Mar 1990), from SAGE Publications. 🏛️📖⭐
Here’s the rhythm: you spot new knowledge, you take it in, you put it to work. Recognize. Assimilate. Apply. 🔎➡️🧩➡️💡
It starts with minds: prior knowledge, diverse backgrounds, richer mental scaffolds. Then it scales to organizations: structures that connect, expertise that overlaps, teams that talk. 🧑🏫👩🔬🤝
Diversity builds bridges. Structure builds speed. Investment builds memory. And memory builds tomorrow. 🧱⏳🚀
History matters. Path matters. Miss an early step, lose a future staircase. R&D isn’t just invention; it’s preparation — a down payment on your ability to learn what the world will teach next. 🧪💸🔭
Spillovers? They’re not just leaks; they’re ladders. When the incentives to absorb are strong, firms climb. When appropriability and opportunity shift, R&D follows the knowledge wind. 🌬️📈🪜
If you’re new here, hit subscribe to "Revise and Resubmit" on Spotify 🎧 and the YouTube channel "Weekend Researcher" ▶️. We’re also available on Amazon Prime and Apple Podcast. 🅰️🍎
Huge thanks to the authors, Wesley M. Cohen and Daniel A. Levinthal, and to the publisher, SAGE Publications. 🙏📝
So, here’s our Weekend Classics question: if absorptive capacity is path-dependent, what one investment could you make today that your future self will be uniquely able to learn from tomorrow? 🤔✨
Reference
Cohen, W. M., & Levinthal, D. A. (1990). Absorptive Capacity: A New Perspective on Learning and Innovation. Administrative Science Quarterly, 35(1), 128–152. https://doi.org/10.2307/2393553
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