|
|
|
| Exploratory Innovation or Exploitative Innovation?The Moderating Effect of Industry Characteristics on the Growth of International Entrepreneurial Enterprises |
| Peng Huatao1,2 , Sun Tingshu1, Zhou Chen2 |
1. School of Entrepreneurship,Wuhan University of Technology,Wuhan 430070,China;
2. School of Management,Wuhan University of Technology,Wuhan 430070,China |
|
|
|
|
Abstract Both exploratory innovation and exploitative innovation can promote the growth of international entrepreneurial enterprises,but affected by industry characteristics,the innovation strategies of international entrepreneurial enterprises are different accordingly.Based on contingency theory,pecking order theory,principal-agent theory and technological leapfrogging theory,we selected 29 independent samples related to exploratory innovation,exploitative innovation,international enterprise growth,and industry characteristics from mainstream academic journals in the field of innovation and entrepreneurship and international business as research objects.Using meta-analysis research method,exploratory innovation and exploitative innovation are taken as independent variables,the international competitiveness of the industry,the degree of industry financing dependence,and the industry's technological strength are taken as moderator variables,and the growth of international entrepreneurial enterprises is taken as the dependent variable.The main conclusions are drawn as follows.International start-ups in the industries with high international competitiveness and the industries with internal financing dependence are more suitable for exploratory innovation;International start-ups in industries with low international competitiveness and dependence on external financing are more suitable for exploitable innovation.Industry technology intensity has a significant moderating effect on the impact of innovation strategies on international start-ups.The conclusions have a certain guiding role for the innovation strategy selection of international start-ups in different industries.
|
|
Received: 28 September 2021
|
|
|
|
|
|
[1]KIM G,HUH M G.Exploration and organizational longevity:the moderating role of strategy and environment[J].Asia Pacific journal of management,2015,32(2):389-414.
[2]BUNZ T,CASULLI L,JONES M V,et al.The dynamics of experiential learning:microprocesses and adaptation in a professional service INV[J].International business review,2017,26(2):225-238.
[3]ZAHRA S A.Technology strategy and financial performance:examining the moderating role of the firm's competitive environment[J].Journal of business venturing,1996,11(3):189-219.
[4]CHO M,BONN M A,HAN S J.Innovation ambidexterity:balancing exploitation and exploration for startup and established restaurants and impacts upon performance[J].Industry and innovation,2020,27(4):340-362.
[5]ONUFREY K,BERGEK A.Second wind for exploitation:pursuing high degrees of product and process innovativeness in mature industries[J].Technovation,2020,89(C):102068.
[6]COHEN S K,CANER T.Converting inventions into breakthrough innovations:the role of exploitation and alliance network knowledge heterogeneity[J].Journal of engineering and technology management,2016,(40):29-44.
[7]文豪,张敬霞,陈中峰.中国的知识产权保护与技术创新——基于行业特征的实证分析[J].宏观经济研究,2014(11):69-77.
[8]李永,孟祥月,王艳萍.政府R&D资助与企业技术创新——基于多维行业异质性的经验分析[J].科学学与科学技术管理,2014,35(1):33-41.
[9]蒋殿春,张宇.行业特征与外商直接投资的技术溢出效应:基于高新技术产业的经验分析[J].世界经济,2006(10):21-29,95.
[10]HOLLENSTEIN H.Innovation strategies of Swiss firms:identification,dynamics and intraindustry heterogeneity[J].The open-access,open-assessment e-journal,2019,18(13):1-61.
[11]KOLLMANN T,STOCKMANN C.Filling the entrepreneurial orientation-performance gap:the mediating effects of exploratory and exploitative innovations[J].Entrepreneurship theory & practice,2014,38(5):1001-1026.
[12]OZER M,ZHANG W.The effects of geographic and network ties on exploitative and exploratory product innovation[J].Strategic management journal,2015,36(7):1105-1114.
[13]WEI Z,YI Y,YUAN C.Bottom-up learning,organizational formalization,and ambidextrous innovation[J].Journal of organizational change management,2011,24(3):314-329.
[14]MATHEWS J A.Dragon multinational:towards a new model for global growth[M].New York:Oxford University Press,2002.
[15]LUO Y,TUNG R.International expansion of emerging market enterprises:a springboard perspective[J].Journal of international business studies,2007,38(4):1-18.
[16]KATILA R,AHUJA G.something old,something new:a longitudinal study of search behavior and new product introduction[J].The academy of management journal,2002,45(6):1183-1194.
[17]宗庆庆,黄娅娜,钟鸿钧.行业异质性、知识产权保护与企业研发投入[J].产业经济研究,2015(2):47-57.
[18]柒江艺,许和连.行业异质性、适度知识产权保护与出口技术进步[J].中国工业经济,2012(2):79-88.
[19]李国平,杨佩刚,宋文飞等.环境规制、FDI与“污染避难所”效应——中国工业行业异质性视角的经验分析[J].科学学与科学技术管理,2013,34(10):122-129.
[20]戴翔.中国制造业国际竞争力——基于贸易附加值的测算[J].中国工业经济,2015(1):78-88.
[21]LEVINTHAL D,MARCH J.Myopia of learning[J].Strategic management journal,1993,14(S2):95-112.
[22]林琳,陈万明.创业导向、双元创业学习与新创企业绩效关系研究[J].经济问题探索,2016(3):63-70.
[23]RAJAN R,ZINGALES L.Financial dependence and growth[J].American economic review,1998,88(3):559-586.
[24]马光荣,刘明,杨恩艳.银行授信、信贷紧缩与企业研发[J].金融研究,2014(7):76-93.
[25]KATILA R.Technology strategies for growth and innovation:a study of biotechnology ventures[J].Social science electronic publishing,1997:405-418.
[26]LEWIN A Y,LONG C P,Carroll T N.The coevolution of new organizational forms[J].Organization science,1999,10(5):535-550.
[27]苏东水.产业经济学:第3版[M].北京:高等教育出版社,2010.
[28]SOETE L.International diffusion of technology,industrial development and technological leapfrogging.[J]World development,1985,13(3):409-422.
[29]陈德智.技术跨越基本模式研究[J].技术经济与管理研究,2003(2):96.
[30]JANSEN J J P,VAN DEN BOSCH F A J,VOLBERDA H W.Exploratory innovation,exploitative innovation,and performance:effects of organizational antecedents and environmental moderators[J].ERIM report series research in management,2006,52(11):1661-1674.
[31]HE Z L,WONG P K.Exploration vs.exploitation:an empirical test of the ambidexterity hypothesis[J].Organization science,2004,15(4):481-494.
[32]BALASSA B.Trade liberalisation and revealed comparative advantage[J].Manchester school,1965,33(2):99-123.
[33]谢锐,王菊花,王振国.全球价值链背景下中国产业国际竞争力动态变迁及国际比较[J].世界经济研究,2017(11):100-111,137.
[34]SCHWENS C,ZAPKAU F B,BIERWERTH M,et al.International entrepreneurship:a meta-analysis on the internationalization and performance relationship[J].Entrepreneurship theory and practice,2018,42(5):734-768.
[35]吴朝彦,黄磊.国际市场竞争优先权与出口绩效——基于国际化双元的研究视角[J].商业研究,2016(4):97-105.
[36]RAMAN S R,GLORIA S,DAVE C.Export promotion programmes and the export performance of Ghanaian firms:the mediating role of foreign market attractiveness[J].International marketing review,2018,35(4):661-682.
[37]MARTIN S L,JAVALGI R G,CAVUSGIL E.Marketing capabilities,positional advantage,and performance of born global firms:contingent effect of ambidextrous innovation[J].International business review,2016,26(3):527-543.
[38]李杰义,万晓筱.国际策略情境、国际双元学习与后发企业创新赶超[J].科技进步与对策,2021,38(14):91-99. |
|
|
|
2022, Vol. 3 
