Success Patterns of Exploratory and Exploitative Innovation
这项元分析整合了以往实证研究,揭示在不同制度环境下企业从探索性或利用性创新中获益的条件,发现国家文化对探索性创新成功影响大,而社会经济条件对两类创新同等重要。
Research has frequently argued that firms need to pursue exploratory and exploitative innovation strategies to be viable in an environment of technological change and intensified competition. However, it remains unclear whether exploratory and exploitative innovations are equally successful in different institutional environments. This meta-analysis synthesizes previous empirical findings to reveal under which institutional conditions firms benefit most from exploratory or exploitative innovation. We distinguish between institutional conditions that affect the success derived from exploratory and exploitative innovations through (a) the availability of resources and (b) attitudes toward innovation and the willingness of stakeholders to allocate resources to both innovation types. Our results show that national culture has a strong impact on the success of exploratory innovations, whereas only uncertainty avoidance influences the benefits derived from exploitative innovations. Socioeconomic conditions are equally important for the success of both innovation types. Our findings are of high practical relevance as due to increasing globalization more and more firms operate internationally and managers have choices regarding the location of their exploratory and exploitative innovation activities.