Mavroudi, E, Kesidou, E orcid.org/0000-0002-5729-8624 and Pandza, K orcid.org/0000-0002-6807-1812 (2020) Shifting back and forth: How does the temporal cycling between exploratory and exploitative R&D influence firm performance? Journal of Business Research, 110. pp. 386-396. ISSN 0148-2963
Abstract
Research on ambidexterity has established that many firms engage in temporal cycling between exploratory and exploitative activities, but it has not examined how quickly firms engage in temporal cycling and how this decision affects their performance. We enhance understanding of this phenomenon by examining how the speed at which innovative firms choose to cycle between exploratory and exploitative R&D influences their performance. We also examine contingencies that affect this relationship. Our longitudinal multi-level analysis of 32,527 observations shows that high-speed temporal cycling decreases firm performance by increasing time compression diseconomies in learning. However, we also show that this relationship is firm- and context-specific. Although high-speed cycling harms firms with large-scale R&D operations, it benefits firms that operate in technologically dynamic industries. Our study shifts the discussion from how much firms invest in exploration and exploitation to how quickly they change their focus from one activity to the other.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2020 Elsevier Inc. This is an author produced version of a paper published in Journal of Business Research. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Exploration; Exploitation; R&D; Organizational learning; Speed |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Economics Division (LUBS) (Leeds) The University of Leeds > Faculty of Business (Leeds) > Management Division (LUBS) (Leeds) > Management Division Strategy and Organisation (LUBS) The University of Leeds > Faculty of Business (Leeds) > Marketing Division (LUBS) |
Depositing User: | Symplectic Publications |
Date Deposited: | 29 Jan 2020 11:31 |
Last Modified: | 29 Aug 2021 00:38 |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | 10.1016/j.jbusres.2020.01.056 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:156160 |