Innovation Ambidexterity and Firm Performance: The Moderating Effects of Contextual Factors

Fragoso Rui (), Scazziota Vanessa (), Guerrazzi Luiz (), Quaresma Rui () and Casas Novas Jorge ()
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Fragoso Rui: Universidade de Évora, Centro de Estudos e Formação Avançada em Gestão e Economia, Largo do Colegiais, Évora, Alentejo, Portugal
Scazziota Vanessa: Universidade de Évora, Centro de Estudos e Formação Avançada em Gestão e Economia, Largo do Colegiais, Évora, Alentejo, Portugal
Guerrazzi Luiz: Universidade do Algarve, Centro de Estudos e Formação Avançada em Gestão e Economia, Campus de Gambelas, Faro, Portugal
Quaresma Rui: Universidade de Évora, Centro de Estudos e Formação Avançada em Gestão e Economia, Largo do Colegiais, Évora, Alentejo, Portugal
Casas Novas Jorge: Universidade de Évora, Centro de Estudos e Formação Avançada em Gestão e Economia, Largo do Colegiais, Évora, Alentejo, Portugal
Authors registered in the RePEc Author Service: Rui Filipe Cerqueira Quaresma

Entrepreneurship Research Journal, 2024, vol. 14, issue 4, 2029-2066

Abstract: The purpose of this paper is to assess the moderating effects of motivating and contextual factors on the relationship of innovation ambidexterity and firm performance. A theoretical framework was developed and tested using survey data from a sample of the Global University Entrepreneurial Spirit Students’ Survey (GUESSS). The results suggest a positive effect of ambidexterity on firm performance, which is positively moderated by motivating factors, the number of co-owners and normative and cognitive institutions, such as power distance and university environment and program learning, respectively. The study provides important insights for policymakers to promote entrepreneurial education and clues for future research, as well as extends existing theory by offering insights on the moderator effects of individual and contextual factors on the relationship between ambidexterity and firm performance, assuming the benefits of the synergic effects of exploration and exploitation.

Keywords: ambidexterity; firm performance; GUESSS; contextual factors; normative institutions; cognitive institutions; moderating effects (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bpj:erjour:v:14:y:2024:i:4:p:2029-2066:n:1007

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DOI: 10.1515/erj-2022-0138

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