• Title/Summary/Keyword: Explorative Innovation

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Relationship between Ambidexterity Learning and Innovation Performance: The Moderating Effect of Redundant Resources

  • Wang, Dongling;Lam, Kelvin C.K.
    • The Journal of Asian Finance, Economics and Business
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    • 제6권1호
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    • pp.205-215
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    • 2019
  • Researchers have confirmed the relationship between ambidexterity learning and innovation performance, but according to the resource-based theory, the relationship between ambidexterity learning and innovation performance is also affected by the internal resources of the organization. Internal resources are an important factor affecting the transformation of learning outcomes into performance. In addition, few scholars have pointed out whether different types of learning have different effects on different types of innovation performance. This study collects data from 170 High-tech enterprises in Shandong, china, and discusses the effects of exploitative learning and explorative learning on management innovation performance and technological innovation performance. This study further examines the moderating role of slack resource on the relationship between ambidexterity learning and innovation performance. Results show that ambidexterity learning has positive effect on innovation performance. Compared with exploitative learning, explorative learning has a greater impact on management innovation performance; compared with explorative learning, exploitative learning has a greater impact on technological innovation performances. Slack resource has positive moderating role between the relationship of exploitative learning, explorative learning and technology innovation performance. But Slack resource has no moderating role between the relationship of exploitative learning, explorative learning and management innovation performance.

The Impact of the Exchange of Sustainable Technological HR Innovation Knowledge within Chaebols on the Performance of Global Subsidiaries

  • Lee, Jeoung Yul;Ma, Yinan
    • Journal of Korea Trade
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    • 제25권4호
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    • pp.108-127
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    • 2021
  • Purpose - On the basis of knowledge transfer theory, we empirically explored how three types of human resource (HR) innovation knowledge exchange within a Chaebol drive the global subsidiary performance of the headquarters (HQ) of a Chaebol's globally affiliated companies. Design/methodology - Using a sample of 176 Korean HQ firms of the top 53 Chaebols and 1,061 of their foreign manufacturing subsidiaries (n = 1,061), we tested the relationship between the exchange of explorative and exploitative sustainable HR innovation knowledge among HQ firms of Chaebols, their subsequent transfer of technical HR knowledge via technical schemas, and the subsequent impact on the global subsidiary performance. Findings - The Chaebols' decisions about the three strategic knowledge management options (i.e., the degree of exchange of explorative and exploitative technological HR innovation knowledge and the extent of HQ-subsidiary HR knowledge transfer) have highly significant relationships with the global subsidiary performance. The results help explains the conditions under which the explorative versus exchange of exploitative sustainable HR innovation knowledge pays off by showing the moderating role of the degree of HQ-to-subsidiary technical HR knowledge transfer, at least in the case of the Chaebol as one representative type of the emerging-market business groups. Originality/value - As the first of its kind in the field of sustainable HR innovation knowledge management at the business group level, the present study makes a clear contribution in demonstrating how the performance of Chaebols' manufacturing subsidiaries depends greatly on their strategy for management of knowledge, as reflected in the choices they make about sharing both explorative and exploitative sustainable HR innovation knowledge among HQ firms and the subsequent transfer of HQ's sustainable HR innovation knowledge to the foreign subsidiaries.

양면성 혁신의 선행요인에 대한 연구 (A Study on Ambidextrous Innovation's Proceeding Elements)

  • 성기욱;김봉선
    • 대한안전경영과학회:학술대회논문집
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    • 대한안전경영과학회 2012년 추계학술대회
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    • pp.253-268
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    • 2012
  • Recently, creative innovation has become a major topic in management innovation and due to this, various researches on its need and methodologies are being performed. According to previous studies on ambidexterity, explorative innovation is closer to divergent and right-sided brain, while exploitative innovation is closer to convergent and left-sided brain. Topic was to identify preceding element which affects Ambidextrous Innovation. For this topic, 129 Six Sigma projects from 19 different companies were collected. Ambidextrous index from preceding studies was used. This index represents the degree of ambidextrous activation and can be calculated by multiplying cumulative usage of exploitative tools with that of explorative tools. In the project characteristics, simple linear regression result showed leadership degree, team's vitalization degree and leader capability degree have effect in positive direction.

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기업전략과 지식경영 전략의 연계가 제조기업의 혁신에 미치는 영향 (The Impact of the Knowledge Management Strategic Alignment on the Innovation of Manufacturing Firms)

  • 최종민
    • 한국경영과학회지
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    • 제36권2호
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    • pp.67-88
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    • 2011
  • This study empirically investigated the effects of knowledge management(KM) strategic alignment on the KM activities as well as the product and process innovation of manufacturing firms. Based on the framework, which employs the usage levels of target costing systems(TCS) and information technology(IT) infrastructure, four types of KM strategies were identified and proposed:mixed, explorative, exploitative and negative strategies. In this research, these four types of KM strategies were empirically validated. According to the results of this study, it was found that when a explorative KM strategy is aligned with a low-cost strategy, KM activities are activated and the degree of a process innovation is increased. It was observed that in the case of the alignment between a differentiation strategy and a exploitative KM strategy, both KM activities and the level of a product innovation are enhanced. The results also demonstrated that for the enhancement of both a process and a product innovation through the activation of KM activities, a mixed KM strategy must be aligned with a composite business strategy, which focuses on a low-cost as well as a differentiation strategies. Accordingly, it is concluded that the KM activities and the levels of the product and process innovation can be activated or improved with the alignment of the KM strategies and business strategies.

문제해결 도구의 양면성 속성에 대한 연구 (A Study on Ambidextrous Attribute About Problem Solving Tools)

  • 성기욱;한훈석;김봉선
    • 대한안전경영과학회지
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    • 제14권4호
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    • pp.281-289
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    • 2012
  • Recently, creative innovation has become a major topic in management innovation and due to this, various researches on its need and methodologies are being performed. According to previous studies on ambidexterity, explorative innovation is closer to divergent and right-sided brain, while exploitative innovation is closer to convergent and left-sided brain. Five attributes of the questionnaires were developed based on right-sided and left-sided brain theory. Also, 25 problem solving tools were selected according to previous studies. QC 7 Tools and new QC 7 Tools were frequently used in Six Sigma projects. Other 11 problem solving tools were selected with consideration on its usage frequency. Survey questionnaires were distributed to 25 Six Sigma consultants and 22 were retrieved for this study's use. As a result, 14 tools were identified to hold exploitative attribute while 11 tools were identified to hold explorative attributes.

Emerging Green Clusters in South Korea? The Case of the Wind Power Cluster in Jeonbuk Province

  • Berg, Su-Hyun;Hassink, Robert
    • STI Policy Review
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    • 제3권1호
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    • pp.63-79
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    • 2012
  • Regional innovation systems and clusters represent a fashionable conceptual basis for regional innovation policies in many industrialized countries (including South Korea). Due to questions related to climate change and environment-friendly energy production, the green industry has been increasingly discussed in relation to regional innovation systems and clusters. This explorative paper analyzes these discussions and critically examines the emergence of green clusters in South Korea based on the case of the wind power cluster in Jeonbuk Province. It tentatively concludes that the role of the central government is too powerful and the role of regional actors (policy-makers and entrepreneurs) is too weak for the successful emergence of green clusters.

Improving Small Business Performance: The Role of Entrepreneurial Intensity and Innovation

  • SUMIATI, Sumiati
    • The Journal of Asian Finance, Economics and Business
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    • 제7권10호
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    • pp.211-218
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    • 2020
  • The Small and Medium Enterprise is currently getting more attention from the Indonesian government as the contribution of this sector to the regional and national income has increased. Though the government is providing a lot of attention as well as facilities to the small businesses in the manufacturing sector, they face intense competition. Thus, the small enterprises need to ensure that they achieve good business performance. This research aims to investigate the role of entrepreneurial intensity and innovation in improving the performance of small businesses in Indonesia. For this purpose, one hundred and eighty-six small business owners participated in the survey. The data was analyzed using Structural Equation Modelling. The hypothesis results show that entrepreneurial intensity and innovation have a proven role in business performance of small enterprises. Entrepreneurial intensity in particular, significantly impacts innovation and exploration. And innovation is crucial for business performance. The results imply that to increase business performance, the owner and the manager also need to raise their entrepreneurial spirit, as it can enhance their willingness to explore and use their business experience to do more innovation activities. The more innovation is done by the company; the business performance is more likely to improve.

Relationship Between Innovation Activities and Business Performance: A Case Study in Indonesia

  • ARIF, Muhammad Ridwan;HASAN, Dahsan
    • The Journal of Asian Finance, Economics and Business
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    • 제8권4호
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    • pp.307-315
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    • 2021
  • The study aims to investigate the relationship between innovation activities and business process performance in higher education institution (hereinafter referred to as "HEI") context. The data was collected using a survey and later analyzed through Partial Least Squares Structural Equation Modelling (PLSSEM) and SmartPLS software. A total of 50 questionnaires were submitted from respondents representing vocational study program management located in Makassar, Indonesia. The findings show that two hypotheses discussed in this study fit the empirical data. Specifically, the results show that there is a positive relationship between innovation activities and business process performance, involving two types of innovation activities, which are exploration activities and exploitation activities, within HEIs. Explorative activity is firmly related to exploitative activity, which furthermore links to business process performance within the HEIs observed. The results confirm that exploration activity can stimulate and lead the HEIs management to generate exploitation activity. For instance, capabilities to absorb knowledge from the external institution may lead this institution to generate advanced academic processes, as well as more efficient and effective managerial processes. The study also signifies ambidexterity capacity, suggesting that it may lead HEIs management to formulate proper strategies in achieving better performance and gaining competitive advantage.

정보기술 혁신이 기업 가치에 미치는 영향: 정보기술 특허를 중심으로 (The Impact of IT Innovation on Firm Value: Evidence from IT Patents)

  • 정성훈;김기민
    • 지식경영연구
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    • 제17권3호
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    • pp.161-179
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    • 2016
  • The recent patent wars in the information technology (IT) industry demonstrate the strategic importance of IT patents in the industry. In this paper, we adopt the lens of real options to study the value of IT patents for IT firms. Specifically, we examine the relationship between IT patents and firms' market performance. We also consider the moderating effect of the innovation orientation of firms' patent portfolios (exploitative vs. explorative). Based on a large panel dataset consisting of 697 firms in US IT industries, our results suggest that the impact of IT patents on firm value (as measured by Tobin's q) is positive and significant. Further, we find that this impact varies, depending on the innovation orientation of firms' patent portfolios. IT patent portfolios with higher levels of an exploitative orientation are associated with higher firm value, compared to those with a lower exploitative orientation. This study highlights the value of employing real options theory as the underlying mechanism in understanding the impact of patents on firm valuation. Future researchers can adopt the real options lens to identify and empirically examine the role of other factors that may affect the value of patents and other investments exhibiting real option characteristics. While our paper answers some questions about the value of patents in the IT industry, it also raises a number of additional new questions. As such, we hope that it will generate more research on this important topic.

탐색적 사내 기업가정신 : 삼성전자 C-Lab 사례 연구 (Explorative Corporate Entrepreneurship : Case Study on Samsung C-Lab)

  • 황선호;신준석
    • 기술혁신학회지
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    • 제21권3호
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    • pp.1101-1126
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    • 2018
  • 소규모 신생 기업들이 대기업으로 성장하면서, 성장의 발판이 되었던 기업 내 절차와 규범들이 조직을 오히려 관료화하고 구성원들의 혁신과 창의적 발상을 저해함으로써 결과적으로 기업의 경쟁우위를 약화시키는 주요한 요인으로 작용하고 있다. 기업들은 사내 기업가정신(Corporate Entrepreneurship)을 통해서 이런 문제점들을 극복하고 혁신과 창의적 발상을 지속시켜 냉혹한 경쟁 상황을 효과적으로 대응하려고 노력해 왔다. 최근 선도 기업들을 중심으로 사내 벤처 프로그램을 Seed조직으로 하여 사내 기업가정신 강화를 시도하고 있다. 주요 특성 강화를 통해서 기업가정신을 확산시키고 있는 삼성전자의 사내 벤처 프로그램인 C-Lab 사례를 심층 분석하여 사내 기업가정신 제고측면에서 1) Seed조직이 안착하기 위해서 기업이 조성해야 할 환경적 특성이 무엇인지 2) 사내 기업가정신과 관련한 어떤 주요 특성들이 Seed조직을 통해서 강화되어야 하는지 3) 주요 특성 강화를 통해 어떠한 성과가 이루어 질 수 있는지 4) 주요 특성들이 어떻게 기업 전체로 전파되는지 등을 조명하였다. 이를 기반으로 사내 기업가정신 강화 절차를 제시하였다. Seed조직의 운영이나 전파 방식에 있어서는 기업의 강점과 약점에 따라 서로 다른 접근 방식이 필요하기 때문에 사내 기업가정신 강화 절차에는 반드시 '기업 내부 역량 평가' 단계가 포함되어야 한다. 일반화된 절차와 C-Lab의 사례를 참고하여 각 기업은 자신에 맞게 절차를 구체화하여 사용함으로써 사내 기업가정신을 강화시킬 수 있을 것으로 본다.