Exploration and exploitation innovation processes : The role of organizational slack in R & D intensive firms.
By Scott W. Geiger, Marianna Makri. 2006
167 citations recorded by the source corpus.
Abstract This study considers how organizational slack (available and recoverable) affects the process of innovation by facilitating or hindering the process of exploration and exploitation in the case of technology intensive firms. It is argued that the R & D intensity of the firm moderates the effect of organizational slack on innovation quantity, innovation quality as well as the process of exploration and exploitation. These hypotheses are tested using a sample of 208 technology intensive firms in a variety of manufacturing industries during 1989–1995. The hypotheses are supported for the measure of available slack but not recoverable slack. These findings suggest that different types of slack may impact firm behavior in different ways.
Subfields: Economics and Econometrics, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/934a65339fe917cd03c2f06f6bfd57e9f3bce56c
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In Economics and Econometrics
In Strategy and Management
Citations in the corpus
- Exploration and Exploitation in Innovation: Reframing the Interpretation (2008, background): “Given their very different natures, the uncertain science search is argued to be exploration, and the technology search is argued to be exploitation (Ahuja & Katila, 2004; Geiger & Makri, 2006).”
- A Study of the Association between Level of Slack Reduction Following Downsizing and Innovation Output (2010, unknown): “The level-of-slack line of argument contends that when it comes to innovation, slack can be both a blessing and a curse (Geiger and Makri, 2006, p. 97).”