Title :
Balancing Exploration and Exploitation in Technological Context: The Role of Strategic Flexibility
Author :
YU, Feifei ; YANG, Xinxin
Author_Institution :
Bus. Sch., Hohai Univ., Nanjing, China
Abstract :
Exploration and exploitation represent two fundamentally different approaches to organizational learning, but recent literature has increasingly found the importance to achieve a balance between the two. Added with competency trap, we propose an integrated conceptual model which involves existing technological capability, existing technology base, strategic flexibility, technology exploitation and technology exploration. In this study, we emphasize the moderated role of strategic flexibility in balancing technology exploration and exploitation, and balancing the relations between existing technology base/capability and technological exploration/exploitation.
Keywords :
knowledge management; organisational aspects; strategic planning; technology management; organizational learning; strategic flexibility; technological context; technology exploitation; technology exploration; Companies; Delay; Investments; Joining processes; Knowledge based systems; Technological innovation;
Conference_Titel :
Management and Service Science (MASS), 2011 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-6579-8
DOI :
10.1109/ICMSS.2011.5997921