2013
DOI: 10.1080/13662716.2013.805928
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Performance Effects of Exploratory and Exploitative Innovation Strategies and the Moderating Role of External Innovation Partners

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Cited by 39 publications
(21 citation statements)
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“…In particular, numerous researchers defend the idea that firms should combine between exploitative and exploratory innovations to guarantee their survival and performance in the short and long-term (Benner and Tushman, 2003;Schamberger et al, 2013;Soto-Acosta et al, 2018). Whereas exploitative innovation is focused on firms' short-term survival and competitiveness, exploratory innovation aims to assure firms' survival and competiveness in the long-term (Schamberger et al, 2013). Exploratory innovation produces returns that are uncertain and often negative on the court term (March, 1991).…”
Section: Exploratory and Exploitative Innovationsmentioning
confidence: 99%
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“…In particular, numerous researchers defend the idea that firms should combine between exploitative and exploratory innovations to guarantee their survival and performance in the short and long-term (Benner and Tushman, 2003;Schamberger et al, 2013;Soto-Acosta et al, 2018). Whereas exploitative innovation is focused on firms' short-term survival and competitiveness, exploratory innovation aims to assure firms' survival and competiveness in the long-term (Schamberger et al, 2013). Exploratory innovation produces returns that are uncertain and often negative on the court term (March, 1991).…”
Section: Exploratory and Exploitative Innovationsmentioning
confidence: 99%
“…Indeed, numerous researchers (Berraies and Hamouda, 2018;Jansen et al, 2006) outlined that organizational ambidexterity, namely the companies' ability to implement both exploratory and exploitative innovations is a key survival and prosperity factor. Exploitative innovation activities are likely to boost court-term returns that can be reinvested in exploratory innovation activities (Schamberger et al, 2013). Also, exploratory innovation guarantees long-term returns by avoiding the knowledge obsolescence and status quo and responding to context's changes (Schamberger et al, 2013).…”
Section: Exploratory and Exploitative Innovationsmentioning
confidence: 99%
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“…More specifically, several researchers as Jansen et al (2006), March (1991) and Schamberger et al (2013) emphasized that companies must reconcile between exploitation of their existing skills to react to short-term changes in the environment and exploration of new opportunities by generating new skills to ensure their long-term viability. These authors recommended that companies should establish an ambidextrous innovation strategy that ensures the establishment of a balance between two types of innovation: exploitative innovation and exploratory innovation.…”
Section: Mediating Effect Of Innovation Between Ce and Firms' Financial Performancementioning
confidence: 99%
“…Moreover, numerous researchers have identified that the introduction of new ideas or new products on the market affects positively business performance (Artz et al, 2010;Bayus et al, 2003;Chen et al, 2009;Hatzikian, 2013;Hull and Rothenberg, 2008;O'Reilly and Tushman, 2004;Uzkurt et al, 2013). In particular, a multitude of researchers support the argument that firms need to reconcile between exploitative and exploratory innovation in order to attain optimum performance (Levinthal and March, 1993;March, 1991;Schamberger et al, 2013;Wang and Li, 2008). The idea advocated by these authors is that, on the one hand, the exploitative innovation generates short-term profits by adapting to the immediate customers' needs and, on the other hand, exploratory innovation strategy may anticipate future customer needs and market evolutions in the long term.…”
Section: Mediating Effect Of Innovation Between Ce and Firms' Financial Performancementioning
confidence: 99%