Absorptive Capacity in Small and Medium Enterprises

Abstract

In the era of industry 4.0 and society 5.0, the ability to absorb knowledge, share, use and store it becomes very important in order to survive and. The situation is exacerbated by the emergence of the corona pandemic and the new normal situation which poses many new challenges. The purpose of this literature research is to identify what SMEs have done to absorb knowledge, especially from outside the organizational environment. The results show that the ability to absorb knowledge is initiated through the formation of networks with similar companies, internet databases, social media while assimilation is carried out with involvement in training and counseling activities, the implementation is adjusted to the context of the company.