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http://dx.doi.org/10.22156/CS4SMB.2021.11.08.073

Effect of Exploration and Exploitation Activities on Technology Innovation Capacity and Innovation Performance : Mediating Effect According to Absorption Capacity and Innovation Strength  

Park, Eun-Mi (School of Business Administration, Kyungpook National University)
Seo, Joung-Hae (School of Business Administration, Kyungpook National University)
Publication Information
Journal of Convergence for Information Technology / v.11, no.8, 2021 , pp. 73-83 More about this Journal
Abstract
Due to the rapid development of technology compared to the past, it is becoming difficult for companies to survive in a fiercely competitive environment if they do not innovate. In order for a company to carry out innovative activities, it is very important to find new knowledge, digest it, and secure its own technological capabilities. In this study, the causal relationship between exploration and exploitation activities, technology innovation capacity, innovation performance(technical performance, product performance), absorptive capacity, and innovation performance was identified. As a result of the analysis, exploration and exploitation activities were found to affect technology innovation capacity, and technology innovation capacity, absorptive capacity, and innovation strength were found to affect innovation performance. In addition, it was found that absorptive capacity and innovation strength play a mediating role between technology innovation capacity and innovation performance. The results of this study are expected to be useful as guidelines when planning or carrying out innovation activities in companies.
Keywords
Exploration; Exploitation; Technology Innovation Capacity; Innovation Performance; Absorptive Capacity; Innovation Strength;
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