[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/taf/ecinnt/v24y2015i6p596-623.html
   My bibliography  Save this article

Exploration or exploitation of knowledge from universities: does it make a difference?

Author

Listed:
  • S. Arvanitis
  • M. Woerter
Abstract
In the first step, based on the existing theoretical and empirical literature, we develop a series of hypotheses with respect to the relative importance of possible determinants of exploration and exploitation of knowledge in collaboration with universities and test them on Swiss firm data. In the second step, we investigate the impact on innovation performance of knowledge exploration versus knowledge exploitation. We obtain a clear pattern of the differences between firms that are engaged both in exploitative and explorative activities ('exploration'-oriented firms) and purely 'exploitation'-oriented firms. We find that exploration-oriented firms have a greater knowledge absorptive capacity, are technologically more diverse and are strongly exposed to intensive non-price competition compared with exploitation-oriented firms. We further find a positive effect on innovation performance for exploitation-oriented firms but not for those that were exploration oriented.

Suggested Citation

  • S. Arvanitis & M. Woerter, 2015. "Exploration or exploitation of knowledge from universities: does it make a difference?," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 24(6), pages 596-623, September.
    • Handle: RePEc:taf:ecinnt:v:24:y:2015:i:6:p:596-623
    DOI: 10.1080/10438599.2014.973294
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10438599.2014.973294
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10438599.2014.973294?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Beck, Mathias & Junge, Martin & Kaiser, Ulrich, 2017. "Public Funding and Corporate Innovation," IZA Discussion Papers 11196, Institute of Labor Economics (IZA).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:ecinnt:v:24:y:2015:i:6:p:596-623. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/GEIN20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.