Learning capacity as an industry capability

Industrial learning (i.e., interorganizational creation, diffusion and management of information assets) is portrayed as an industry capability which is differentially accessed by firms depending on their absorption capacity and relative bargaining power, both of which are determined by their complementary resources. IT enhances industrial learning by improving communication capabilities and optimizing incentive systems. IT also enables individual firms' appropriation and exploitation of industrial learning to the extent that it leverages complementary firm resources.