Title: The model of the absorption of innovative technologies in the financial services sector

Authors: Waldemar Glabiszewski

Addresses: Faculty of Economic Sciences and Management, Nicolaus Copernicus University in Toruń, ul. Gagarina 13a, 87-100 Toruń, Poland

Abstract: The considerations contained in the article are based on the assumption that innovative technologies absorption as a way to improve a company's technological potential conditions the value of the company's market offer and becomes one of the key instruments of building its competitiveness. Their absorptive potential, in turn, impacts the level of the effectiveness of undertaken technology transfers. Taking into account the significance of the issue of technology absorption, the article seeks to analyse the subject literature and the results of empirical research with a view to designating framework conditions that need to be provided by companies to be capable of absorbing effectively innovative technologies from the environment, which enables them to succeed on the market. In particular, it is intended to identify the most essential stages in the process of technology absorption, the key constituents of absorptive potential as well as internal and external stimulants that create an environment friendly for the realisation of absorption potential.

Keywords: technology absorption; absorptive capacity; innovative technologies; financial services; technological innovation.

DOI: 10.1504/IJBEX.2015.070316

International Journal of Business Excellence, 2015 Vol.8 No.4, pp.471 - 491

Published online: 20 May 2015 *

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