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《Research Policy》2022,51(1):104396
We draw on information risk theory and paradox theory to examine the additive and combined effects of disclosing exploration and exploitation information on cost of equity capital. We build on theory that presupposes that the information disclosed by a firm about its innovation activities will reduce information risk of investors. However, we contend that disclosure of exploration and exploitation innovation activities could convey potentially paradoxical expectations about a firm's future value. Based on longitudinal data of the UK FTSE 350 firms from 2011–2016, we show that firms tend to disclose more information related to exploration than exploitation. However, the bulk of market benefits are driven by exploitation rather than exploration disclosures—except for R&D-active firms that are rewarded for exploration disclosure. We also find that the combined disclosure is negatively associated with cost of equity capital, with the sub-population of R&D-active firms particularly accruing synergies from combined disclosure of both exploration and exploitation. These findings suggest that the market differentiates between exploration and exploitation information in addressing information risk, more so than previously assumed. We discuss implications for information-type-dependency in information-risk theory, the outward projection of internal paradoxes, capital market valuations of disclosure by R&D-active firms, opportunity-seeking by large publicly listed corporations, and policy implications. 相似文献
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破坏事件作为组织负效应的研究分支被组织创新领域学者广泛关注,近期基于创新理论与非契约治理中的组织惯例研究意识到,组织内外基于颠覆性创新的不同类型破坏事件有可能对组织惯例的非契约治理结果存在不同影响。基于此,本文结合双元创新理论与社会网络理论,以组织适应性作为因变量,探究不同阶段破坏事件发生的情况下双元惯例的治理选择问题。实证结果表明,在一阶破坏水平高而二阶破坏水平低的情况下利用式惯例与探索式惯例对组织适应性同样有效;在一阶破坏水平低而二阶破坏水平高的情况下探索式惯例对组织适应性存在正向促进作用而利用式惯例对组织适应性存在负向抑制作用。研究结论有利于理解破坏事件通过惯例促进组织适应性与组织绩效原因,并为企业如何利用组织双元惯例在组织变革中存活与提升组织适应性提供理论依据。 相似文献
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知识基础互补性对技术联盟的形成和伙伴选择的影响 总被引：1，自引：0，他引：1
在回顾相关领域文献的基础上对知识基础互补性的内涵进行了分析和界定,将互补性划分为关联性和差异性两个维度。在此基础上进一步结合企业技术知识基础的层次和两种不同性质的技术联盟(开创型技术联盟、改进型技术联盟)对企业间知识基础的互补性对于技术联盟的形成和伙伴选择的问题进行了讨论,并提出了相关推论。 相似文献
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探索性活动与利用性活动之间存在知识冲突与需求张力,如何从旨在长期获益的探索性活动和着眼于短期利益的利用性活动之间找寻平衡,是学术和管理实践迫切需要解决的难题。自1991年March提出探索与利用张力以来,相关研究迅速蔓延到组织的许多领域。本文以WOS中1991-2016年间"探索与利用"研究的施引文献为研究对象,从关键词共现、作品共被引、关键路径3个层次进行分析,挖掘该领域的研究热点,知识基础及关键路径,以期为学者提供文献分析的便利。基于上述分析发现,当今"双元性（Ambidexterity）"是该领域的热门研究主题,与"知识管理"、"动态能力"等研究紧密相连;本研究的样本文献从基础理论,"探索与利用"张力相关研究话题,研究方法论3个方面构建了该领域的知识基础;该领域研究存在着"探索与利用"张力的表现形式及解决办法两条关键发展路径,未发现转折点。 相似文献
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为厘清技术推动力和市场拉动力对于科技型小微企业破坏性创新的影响机理,本研究基于技术和市场领域中探索与利用的组合分别探讨了单一探索、单一利用、技术双元、市场双元、技术开发和市场开发六种可能的双元性组合策略对科技型小微企业低端破坏性创新和新市场破坏性创新的影响。通过对佛山地区364家科技型小微企业的调查研究,实证分析结果显示基于“技术利用×市场利用”组合的单一利用策略和基于“技术探索×市场利用”组合的技术开发策略对科技型小微企业的低端破坏性创新具有显著的正向影响;而基于“技术利用×市场探索”组合的市场开发策略和基于“技术探索×市场探索”组合的单一探索策略对于科技型小微企业的新市场破坏性创新具有显著的正向影响。 相似文献
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基于265家新创企业样本数据,将环境动荡性纳入到开发式创新和探索式创新的前因研究框架中,构建理论模型,利用层级回归进行实证检验。研究结果表明:技术环境和市场环境的动荡性是企业调整开发式创新和探索式创新的重要前因,环境动荡性对新创企业的探索式创新有显著正向作用,对开发式创新有显著负向作用,对两种创新的平衡并不存在显著的影响;开发式创新和探索式创新及其二者间的平衡都能显著地促进新创企业绩效,但探索式创新更有利于企业绩效的提高。新创企业需要在开发式创新和探索式创新间进行权衡取舍,避免采用双元性创新模式。 相似文献
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The diffusion of knowledge within organizations provides opportunities for interpersonal co-operation, improves creative ability and therefore leads to competitive advantage. Focus of prior literature on knowledge diffusion has been on identifying factors that influence individuals' behavioral intentions to seek and share knowledge. However, knowledge diffusion as an enigmatic, emergent and organizational-level process is more than the simple aggregation of individual attributes and needs to be further investigated. Accordingly, this study focuses on three distinct system-level factors, i.e., architectures of connections among individuals, distributions of knowledge roles and designs of selection mechanisms and analyses their effects on knowledge diffusion. To be more specific, we examine three distinct knowledge roles: seekers, contributors and brokers. We also distinguish between three types of selection mechanisms: objective selection mechanisms, feedback-based selection mechanisms and random selection mechanisms. By conducting agent-based simulations on four representative networks, i.e., regular networks, random networks, small-world networks and scale-free networks, our results show that the optimal knowledge diffusion performance can be achieved on scale-free networks where all agents implement objective mechanisms and show characteristics of brokers. Moreover, our results (a) highlight the significance of brokers, (b) illustrate the superiority of objective selection rules and (c) demonstrate that scale-free networks provide an optimal framework for knowledge diffusion. Furthermore, we also find the interdependent relevance of these three factors to knowledge diffusion and propose a qualitative explanation of these findings. 相似文献
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郭尉 《科学学与科学技术管理》2016,(7):118-125
选取山东、江苏两省225家创新类企业为样本,对不同内容的异质性知识(技术知识异质,市场知识异质)、不同的组织学习行为(利用式学习,探索式学习)与企业创新绩效之间的关系进行了考察。结果表明:技术知识异质对企业创新绩效有倒U型影响;市场知识异质对企业创新绩效有正向影响;利用式学习与探索式学习对企业创新绩效均有正向影响;技术知识异质对利用式学习有倒U型影响,对探索式学习有正向影响;市场知识异质对利用式学习与探索式学习均有正向影响;利用式学习与探索式学习在技术知识异质与企业创新绩效关系及市场知识异质与企业创新绩效关系中均起到了部分中介作用。 相似文献
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知识资源被认为是促进创新的关键性战略资产,但现有研究对于如何借助营销能力将其转化为创新绩效的关注较为欠缺,3者间的作用机制并不明晰,同时缺乏从提高营销能力视角下对知识获取方式与探索、开发过程的研究。基于组织双元理论,构建了知识获取方式、营销能力适应性过程与创新绩效关系的理论模型,并以294家制造型企业为样本开展实证研究,结果表明,内部知识共享和市场知识获取对创新绩效产生了直接的正向影响并通过营销探索和营销开发的中介作用产生间接影响;其中营销探索发挥了更为显著的中介效应,营销探索和营销开发2种适应性能力显著提升了创新绩效。 相似文献
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后发企业在追赶过程中如何选择最佳追赶时机、如何规避追赶陷阱、如何进行能力重构等问题一直是学界和业界关注的焦点。本文采用案例研究方法,通过剖析一家芯片企业过去15年间的成败得失,对上述问题进行逐一解答。研究发现：市场需求状况、市场分层结构、技术迭代速率、技术获取成本、产业分工体系、产业知识流动等时机因素在后发企业快速崛起和高速发展过程中发挥着重要的作用。研究还发现：组织惯性陷阱、创新范式陷阱、品牌低端化陷阱是后发企业在追赶过程中所面临的主要陷阱,企业要想规避上述陷阱,需要从组织学习、组织保障、创新协同、创新来源、品牌定位、品牌维护等方面寻求相应的对策和方案。上述研究发现丰富了现有后发追赶理论体系,同时,为处在探索和追赶之中的中国后发企业提供了宝贵的经验和借鉴。 相似文献
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本文借助文献计量分析，采用动态、系统与历史的视角较为客观地对探索与利用的知识基础及其演进过程进行研究，发现：探索与利用研究的知识基础可分为相互联系又相互独立的六大模块，包括组织双元性、组织学习与知识管理、关系、组织变革、资源基础观和定量研究方法；其演进过程可划分为三个阶段，1991-2000年为初级探索阶段，知识基础较为零散，散落于组织学习、技术创新、信息管理、知识管理、战略联盟等领域；2001-2010年为利用和优化前期成果的中间阶段，知识基础由发散到集中，逐渐形成了相对独立的核心知识结构；2011-2015年为进一步优化和应用拓展的成熟阶段，研究模型精致严谨、逻辑严密、研究方法系统规范，研究情境更加多元化。 相似文献
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序贯地专注于探索与利用式创新是企业创新发展的基本路径,二者的跃迁作为一项重要的企业变革如何影响企业失败值得深入研究。文章基于2006—2018年A股上市公司数据,采用面板Logistic回归模型,研究了探索与利用式创新之间的跃迁对企业失败的影响,以及社会关系网络在其中的调节效应。研究结果表明：（1）与已有研究结果不同,利用向探索式创新跃迁负向影响企业失败,而探索向利用式创新跃迁对企业失败无显著影响;（2）当社会关系网络低于一定阈值时,负向调节利用向探索式创新跃迁对企业失败的影响;当社会关系网络高于阈值时,利用向探索式创新跃迁对企业失败的影响不显著,社会关系网络的调节效应也不复存在;（3）社会关系网络在探索向利用式创新跃迁与企业失败的关系中无调节作用。 相似文献
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本文研究渠道双元学习对创新能力的影响机制,探讨了该过程中组织惰性的中介作用与双元平衡的调节效应。运用SPSS20及SMARTPLS3.0对234家中小企业渠道管理者的问卷数据进行实证分析,结果表明：（1）渠道双元学习对创新能力有显著影响;组织惰性在渠道双元学习和渠道创新之间起中介作用;（2）渠道学习对创新能力的提升存在双向影响;关系惯性与知识惰性在双元学习与组织创新之间的影响过程中有显著差异：探索式学习克服组织惰性,有利于创新能力的提升;利用式学习强化关系惯性,对创新能力的提升存在负面效应;（3）双元平衡在学习对知识惰性产生影响的过程中起到调节作用。本研究结论有益于拓展渠道理论的研究视野,补充完善了渠道研究的理论框架,对渠道成员通过双元学习提高应对高度变化的市场环境的能力有一定的指导意义。 相似文献
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本文以中国芯片行业的三家国际新创企业为例,采用跨案例分析法,基于组织学习视角,对国际新创企业的组织学习要素和模式进行了剖析,并探讨了其全球价值链（Global Value Chain,GVC）嵌入路径。研究发现：国际新创企业的组织学习模式可分为信息探索式学习、技术探索式学习及开发式学习;国际新创企业的GVC嵌入路径包括价值链横向嵌入、价值链高端嵌入及价值链深度嵌入;国际新创企业应根据各自的组织学习要素选择相应的学习模式和嵌入路径。 相似文献
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This study looks at the perceived ability of components of IT infrastructure integration and supply chain process integration to predict specific radio frequency identification (RFID) system deployment outcomes—exploration, exploitation, operational efficiency, and market knowledge creation. Data for this pilot research study was collected using a survey questionnaire administered online to members of the Council of Supply Chain Management Professionals (CSCMP). It was hypothesized that data consistency and cross-functional application integration, both elements constituting IT infrastructure integration, and information flow integration, physical flow integration, and financial flow integration, all elements constituting supply chain process integration would be positively associated with and predict the four RFID system outcomes. Multiple regression results show partial support for all four proposed hypotheses. Cross-functional application integration and financial flow integration predicted exploration, while data consistency and physical flow integration predicted exploitation. Data consistency and cross-functional application integration, on the other hand, predicted both operational efficiency and market knowledge creation. Supply chain managers planning to deploy RFID systems are alerted to the criticality of these IT infrastructure issues as they brace for a likely widespread implementation of RFID in supply chains they participate in. 相似文献
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We add a new perspective to research on organizational response to non-paradigmatic change by studying an irregular yet increasingly important form of organizing: meta-organizations (MOs), i.e., associations whose members are organizations, rather than individuals. We use extensive revelatory field data from three longitudinal case studies of German industry associations and their reactions to the emergence of online trade to show that MOs, similar to other organizations, respond with inertia when they are confronted with discontinuous breakthroughs. However, our data also demonstrate that MO inertia is idiosyncratic in that it stems from distinct MO characteristics, particularly a culture of consensus and an elitist identity, which in turn reinforce MOs’ lack of champions, limited environmental intimacy, and protracted decision-making. We also find that inertial forces in MOs are partially offset by various enablers of change that are either anchored in a given MO's constitution or embedded in its routines. We contribute to existing research on discontinuous change and theory of MOs by inducing a formal model of MO inertia and its underlying mechanisms. Our mid-range theory has important implications for the administration of MOs, in particular during periods of environmental turbulence. 相似文献
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This paper explores trade-offs between knowledge exploitation and exploration activities. The study of exploitation and exploration activities is not new; however, rarely has past research perceived exploitation and exploration activities as two edges of one continuum. Furthermore, little evidence has been reported as to the actual trade-offs that firms face when launching either exploration or exploitation activities. This paper sets about filling this gap by addressing the following question: To what extent does an investment in one exploitation activity hinder the development of an exploration activity within the firm? A new process innovation targeting the exploitation of the firm's internal capabilities through an extensive component reuse and reconfiguration program is studied and the implications for inter-related exploration activities, such as the development of engineers' expertise is examined. To reveal the trade-offs between exploration and exploitation activities, both changes within and between these exploitation and exploration activities, over time, are studied. Based on data drawn from an in-depth study of several product development project teams in one high-tech company, we conclude that by investing in exploitation activities, a firm may limit some specific exploration activities. 相似文献
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