The innovator’s dilemma: the performance consequences of sequential or flexible exploration and exploitation patterns in turbulent environments

Anna Sabidussi, Boris Lokshin, Geert Duijsters

Research output: Contribution to journalArticleScientificpeer-review

1 Citation (Scopus)

Abstract

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.

Original languageEnglish
Pages (from-to)326-338
Number of pages13
JournalTechnology analysis & strategic management
Volume35
Issue number3
DOIs
Publication statusPublished - 4 Mar 2023

Keywords

  • Business & management studies exploration
  • Tobin’s Q patents
  • environmental turbulence
  • exploitation

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