<abstract xmlns="http://www.w3.org/1999/xhtml">

<sec><h3>Background</h3>
<p>Export activities represent one of the prerequisites for the growth and development of economies. In combination with new digital technologies, they create a sustainable advantage and competitiveness in the market.</p>
</sec>
<sec><h3>Objectives</h3>
<p>The focus of this research was to determine whether there is a significant difference and connection between the absorptive capacity of accepting new technologies and its influence on financial performance in the domestic and foreign markets.</p>
</sec>
<sec><h3>Methods /Approach</h3>
<p>The relationship between the absorptive capacity of the application of new technologies and its influence on financial performance was investigated in a sample of Croatian companies. Structural equation modelling was used to investigate the relationship between absorptive capacity and financial performance.</p>
</sec>
<sec><h3>Results</h3>
<p>The results of the research confirm a statistically significant relationship between the absorptive capacity of accepting new technologies and its influence on the financial performance of export companies.</p>
</sec>
<sec><h3>Conclusion</h3>
<p>The analysis revealed that absorptive capacity significantly impacts the financial performance of Croatian export companies, with a stronger influence observed in foreign markets compared to domestic ones. These findings suggest that investing in the ability to absorb and apply new technologies is crucial for enhancing financial outcomes, particularly in the global marketplace.</p>
</sec>
</abstract>

Background
Export activities represent one of the prerequisites for the growth and development of economies. In combination with new digital technologies, they create a sustainable advantage and competitiveness in the market.

Objectives
The focus of this research was to determine whether there is a significant difference and connection between the absorptive capacity of accepting new technologies and its influence on financial performance in the domestic and foreign markets.

Methods /Approach
The relationship between the absorptive capacity of the application of new technologies and its influence on financial performance was investigated in a sample of Croatian companies. Structural equation modelling was used to investigate the relationship between absorptive capacity and financial performance.

Results
The results of the research confirm a statistically significant relationship between the absorptive capacity of accepting new technologies and its influence on the financial performance of export companies.

Conclusion
The analysis revealed that absorptive capacity significantly impacts the financial performance of Croatian export companies, with a stronger influence observed in foreign markets compared to domestic ones. These findings suggest that investing in the ability to absorb and apply new technologies is crucial for enhancing financial outcomes, particularly in the global marketplace.

Enhancing Financial Performance through Absorptive Capacity: Evidence from Croatian Export Companies in Domestic and International Markets

Department for Logistics and Sustainable Mobility

Business Systems Research Journal

This work is licensed under the Creative Commons Attribution 4.0 International License.

Background
Export activities represent one of the prerequisites for the growth and development of economies. In combination with new digital technologies, they...

Enhancing Financial Performance through Absorptive Capacity: Evidence from Croatian Export Companies in Domestic and International Markets

Published Online: Apr 25, 2024

Page range: 214 - 238

Received: Jun 18, 2023

Accepted: Dec 28, 2023

DOI: https://doi.org/10.2478/bsrj-2023-0020

Keywords
absorptive capacity, new digital technologies, export, export companies of the Republic of Croatia, sustainable development

© 2023 Ivana Martinčević, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Enhancing Financial Performance through Absorptive Capacity: Evidence from Croatian Export Companies in Domestic and International Markets

Published Online: Apr 25, 2024

Page range: 214 - 238

Received: Jun 18, 2023

Accepted: Dec 28, 2023

DOI: https://doi.org/10.2478/bsrj-2023-0020

Keywordsabsorptive capacity, new digital technologies, export, export companies of the Republic of Croatia, sustainable development

© 2023 Ivana Martinčević, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
absorptive capacity, new digital technologies, export, export companies of the Republic of Croatia, sustainable development