Toward a dynamic perspective on exploative and exploitative innovation activities: a longitudianl study of innovation in the wind blade industry

    Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademic

    Abstract

    Innovation requires a combination of explorative and exploitative innovation activities. Previous studies have provided valuable insights in the antecedents of investing in explorative and exploitative activities, the structural governance of exploration and exploitation and the performance implications of engaging in exploration and exploitation. These studies are dominated by cross-sectional research, largely ignoring the evolution of exploration and exploitation over time. Several scholars, however, provide first indications that the allocation of time and resources across exploration and exploitation might change over time. In order to examine the dynamics of explorative and exploitative innovation activities, we conducted an indepth case study in one particular company in the wind blade industry, applying a novel approach to measure the evolution of the amount of R&D resources allocated to explorative and exploitative activities over a 5 year time period. Our results show that the relative amount of resources and time invested in exploration versus exploitation is not static, but changes over time. The pattern of the evolution of exploration and exploitation at our case company shows phases in which exploration and exploitation activities are well balanced, and phases where one type of innovation dominates innovation activities. Based on additional qualitative data we found first indications of antecedents of the dynamics of exploration and exploitation. Together, our findings provide an interesting starting point for future research on the antecedents, structural governance and performance implications of the evolution of exploration and exploitation over time.
    Original languageEnglish
    Title of host publicationProceedings of the 18th Annual High Technology Small Firms Conference and Doctoral Workshop 2010
    EditorsGloria Rossini
    Place of PublicationEnschede
    PublisherUniversity of Twente
    Number of pages9
    ISBN (Print)9789036530316
    Publication statusPublished - 2010
    Event18th Annual High Technology Small Firms Conference, HTSF 2010 - University of Twente, Enschede, Netherlands
    Duration: 27 May 201028 May 2010
    Conference number: 18

    Conference

    Conference18th Annual High Technology Small Firms Conference, HTSF 2010
    Abbreviated titleHTSF
    CountryNetherlands
    CityEnschede
    Period27/05/1028/05/10

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