The innovation and economic consequences of knowledge spillovers: fit between exploration and exploitation capabilities,knowledge attributes,and transfer mechanisms |
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| Authors: | Yung-Chang Hsiao Chung-Jen Chen Young Rok Choi |
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| Institution: | 1. Department of Business and Management, College of Management, National University of Tainan, Tainan, Taiwan, R.O.C.;2. Graduate Institute of Business Administration, College of Management, National Taiwan University, Taipei, Taiwan, R.O.C.;3. Graduate School of Technology and Innovation Management, Ulsan National Institute of Science and Technology, Ulsan, Republic of Korea |
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| Abstract: | The purpose of this study is to investigate the moderating roles of the attributes and transfer mechanisms of knowledge in the relationship between organisational capabilities and innovation and economic performance. Regression analysis on a sample of 120 Taiwanese firms was used to test our model. The findings suggest that the organisational capabilities of exploration and exploitation are positively related to innovation and economic performance. The effect of exploration on performance is positively moderated by tacit knowledge and adaptation knowledge transfer mechanisms. In contrast, exploitation is a stronger predictor of performance when organisations acquire well-defined knowledge and use replication knowledge transfer mechanisms. |
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| Keywords: | Knowledge transfer exploration exploitation knowledge attributes transfer mechanisms technological entrepreneurship technology-intensive firms |
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