Status | 已發表Published |
The effects of exploration and exploitation on firm performance: Evidence from China | |
Wu, J.; Chen, X. Y. | |
2013-07-01 | |
Source Publication | The 2013 INFORMS Marketing Science Conference |
Abstract | This study examines when high tech firms are better off specializing in either exploration or exploitation learning strategy. Drawing on the organizational learning literature, we hypothesize that a firm’s imbalance between exploration and exploitation (or specialization strategy) has differential impacts on firm performance depending on its structural characteristics and external environment. A survey data of 180 high tech firms in China shows that firm age and scarcity of R&D resources moderate the relationship between specialization and business performance. Moreover, specialization strategy works better when competitive intensity is low. |
Keyword | Learning strategy Exploration Exploitation High-tech firms China. |
Language | 英語English |
The Source to Article | PB_Publication |
PUB ID | 28031 |
Document Type | Conference paper |
Collection | DEPARTMENT OF MANAGEMENT AND MARKETING |
Corresponding Author | Wu, J. |
Recommended Citation GB/T 7714 | Wu, J.,Chen, X. Y.. The effects of exploration and exploitation on firm performance: Evidence from China[C], 2013. |
APA | Wu, J.., & Chen, X. Y. (2013). The effects of exploration and exploitation on firm performance: Evidence from China. The 2013 INFORMS Marketing Science Conference. |
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