000078963 001__ 78963
000078963 005__ 20210409124033.0
000078963 0247_ $$2doi$$a10.1080/13662716.2018.1465813
000078963 0248_ $$2sideral$$a109601
000078963 037__ $$aART-2018-109601
000078963 041__ $$aeng
000078963 100__ $$0(orcid)0000-0003-1449-2248$$aBernal, P.$$uUniversidad de Zaragoza
000078963 245__ $$aExploration, exploitation and innovation performance: disentangling the evolution of industry
000078963 260__ $$c2018
000078963 5060_ $$aAccess copy available to the general public$$fUnrestricted
000078963 5203_ $$aThe evolution of industry has recently attracted the attention of scholars studying the relationships between exploration and exploitation strategies and innovation performance. Surprisingly, although extant research has already acknowledged its multidimensional character, it has only been analyzed in an aggregate fashion. In this paper, we distinguish two components of the evolution of industry, the pace of market evolution and the pace of technology evolution, and we elaborate on their different impacts in the context of exploration and exploitation strategies. More precisely, we argue that while a rapid pace of technology evolution has opposite impacts on the relationships between exploration (positive), exploitation (negative) and innovation performance, a rapid pace of market evolution positively affects both exploration and exploitation. Our findings provide substantial support for our prediction using a large panel of Spanish innovating firms for the period 2008–2012.
000078963 536__ $$9info:eu-repo/grantAgreement/ES/DGA-FEDER/S09$$9info:eu-repo/grantAgreement/ES/DGA/Generes Research Group$$9info:eu-repo/grantAgreement/ES/MINECO-FEDER/ECO2014-53904-R
000078963 540__ $$9info:eu-repo/semantics/openAccess$$aAll rights reserved$$uhttp://www.europeana.eu/rights/rr-f/
000078963 590__ $$a3.157$$b2018
000078963 591__ $$aECONOMICS$$b46 / 363 = 0.127$$c2018$$dQ1$$eT1
000078963 591__ $$aMANAGEMENT$$b63 / 217 = 0.29$$c2018$$dQ2$$eT1
000078963 592__ $$a1.613$$b2018
000078963 593__ $$aManagement of Technology and Innovation$$c2018$$dQ1
000078963 593__ $$aBusiness, Management and Accounting (miscellaneous)$$c2018$$dQ1
000078963 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/acceptedVersion
000078963 700__ $$0(orcid)0000-0001-7710-9002$$aMaicas, J.P.$$uUniversidad de Zaragoza
000078963 700__ $$aVargas, P.
000078963 7102_ $$14012$$2650$$aUniversidad de Zaragoza$$bDpto. Direcc.Organiza.Empresas$$cÁrea Organización de Empresas
000078963 773__ $$g26, 3 (2018), 295 - 320$$pINDUSTRY AND INNOVATION$$tINDUSTRY AND INNOVATION$$x1366-2716
000078963 8564_ $$s384819$$uhttps://zaguan.unizar.es/record/78963/files/texto_completo.pdf$$yPostprint
000078963 8564_ $$s62866$$uhttps://zaguan.unizar.es/record/78963/files/texto_completo.jpg?subformat=icon$$xicon$$yPostprint
000078963 909CO $$ooai:zaguan.unizar.es:78963$$particulos$$pdriver
000078963 951__ $$a2021-04-09-12:36:18
000078963 980__ $$aARTICLE