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Managing knowledge-related barriers to technological innovation through exploitative and explorative organisational strategies

Citation

Torugsa, N and O'Donohue, W, Managing knowledge-related barriers to technological innovation through exploitative and explorative organisational strategies, International Journal of Innovation Management ISSN 1363-9196 (2018) [Refereed Article]

Abstract

This study uses data from a sample of 31,948 European innovating firms to examine the impact that knowledge-related barriers to technological innovation have on the link between the level of such innovation and firm performance, and, to investigate the role of "exploitative" and "explorative" organisational strategies in moderating such impact. Exploitative strategies are measured by the level of organisational innovations, and exploratory strategies are measured by the level of methods for fostering workplace creativity. Using moderated hierarchical regression, the results reveal a negative effect of the interaction between technological innovation and related knowledge constraints on firm performance. They also reveal that the negative interaction effect becomes positive at high levels of organisational innovations and creativity-fostering methods. The study findings thus indicate the need for managers of technologically innovative firms to implement both exploitative and explorative organisational strategies. Doing so could help minimise the negative effects of knowledge-related barriers to technological innovation, and in turn promote innovation-based competitiveness and business success.

Item Details

Item Type:Refereed Article
Keywords:technological innovation, knowledge-related barriers, exploitative and explorative strategies, organisational innovations, workplace creativity, firm performance
Research Division:Commerce, Management, Tourism and Services
Research Group:Business and Management
Research Field:Innovation and Technology Management
Objective Division:Economic Framework
Objective Group:Management and Productivity
Objective Field:Technological and Organisational Innovation
Author:Torugsa, N (Dr Ann Torugsa)
Author:O'Donohue, W (Dr Wayne O'Donohue)
ID Code:126422
Year Published:2018
Deposited By:Tasmanian School of Business and Economics
Deposited On:2018-06-12
Last Modified:2018-08-07
Downloads:0

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