Effect of exploitation and exploration on the innovative as outcomes in entrepreneurial firms

Nancy Vargas, M. Begoña Lloria (), Addisson Salazar and Luis Vergara
Additional contact information
Nancy Vargas: Universitat Politècnica de València
M. Begoña Lloria: Universitat de València
Addisson Salazar: Universitat Politècnica de València
Luis Vergara: Universitat Politècnica de València

International Entrepreneurship and Management Journal, 2018, vol. 14, issue 4, No 13, 1053-1069

Abstract: Abstract The main aim of this study is to establish the effect of the Exploitation and Exploration; and the influence of these learning flows on the Innovative Outcome (IO). The Innovative Outcome refers to new products, services, processes (or improvements) that the organization has obtained as a result of an innovative process. For this purpose, a relationship model is defined, which is empirically contrasted, and can explains and predicts the cyclical dynamization of learning flows on innovative outcome in knowledge intensive firms. The quantitative test for this model use the data from entrepreneurial firms biotechnology sector. The statistical analysis applies a method based on variance using Partial Least Squares (PLS). Research results confirm the hypotheses, that is, they show a positive dynamic effect between the Exploration and the Innovative as outcomes. In the same vein, they results confirm the presence of the cyclic movement of innovative outcome with the Exploitation.

Keywords: Learning flows; Exploitation; Exploration; Innovative outcome; Innovation; Knowledge creation (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://link.springer.com/10.1007/s11365-018-0496-5 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:intemj:v:14:y:2018:i:4:d:10.1007_s11365-018-0496-5

Ordering information: This journal article can be ordered from
http://www.springer. ... urship/journal/11365

DOI: 10.1007/s11365-018-0496-5

Access Statistics for this article

International Entrepreneurship and Management Journal is currently edited by Salvador Roig

More articles in International Entrepreneurship and Management Journal from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().