Hello @WildNiks of course this works in blender and is generally and called “Texture Bake” (as in other programs too). After the topic you will find some stuff on youtube. Since the standard way in Blender is a bit annoying I strongly recommend to use an addon. Like BakeLab2, Principled Baker or easyBake.
For high professionals there is also Bake Wrangler and on Blendermarket and gumroad you can also find something.
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