TY - JOUR
T1 - The innovator’s dilemma
T2 - the performance consequences of sequential or flexible exploration and exploitation patterns in turbulent environments
AU - Sabidussi, Anna
AU - Lokshin, Boris
AU - Duijsters, Geert
N1 - Publisher Copyright:
© 2021 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
PY - 2023/3/4
Y1 - 2023/3/4
N2 - We investigate the relationship between firm performance and patterns of exploration and exploitation dynamics under conditions of environmental turbulence. Adopting a contingency perspective, we develop arguments on how environmental turbulence moderates the effects of the simultaneous or sequential engagement in exploration and exploitation. Based on a longitudinal sample of 140 pharmaceutical firms, we find that the effectiveness of sequential or flexible simultaneous engagement in ambidexterity varies depending on the environmental contingency, namely level of technological change, that a company faces.
AB - We investigate the relationship between firm performance and patterns of exploration and exploitation dynamics under conditions of environmental turbulence. Adopting a contingency perspective, we develop arguments on how environmental turbulence moderates the effects of the simultaneous or sequential engagement in exploration and exploitation. Based on a longitudinal sample of 140 pharmaceutical firms, we find that the effectiveness of sequential or flexible simultaneous engagement in ambidexterity varies depending on the environmental contingency, namely level of technological change, that a company faces.
KW - Business & management studies exploration
KW - Tobin’s Q patents
KW - environmental turbulence
KW - exploitation
UR - http://www.scopus.com/inward/record.url?scp=85114447344&partnerID=8YFLogxK
U2 - 10.1080/09537325.2021.1975033
DO - 10.1080/09537325.2021.1975033
M3 - Article
SN - 0953-7325
VL - 35
SP - 326
EP - 338
JO - Technology analysis & strategic management
JF - Technology analysis & strategic management
IS - 3
ER -