Exploitation, Exploration, and Firm Performance: The Case of Small Manufacturing Firms in Japan

• Main Authors: Isobe, Takehiko, Makino, Shige, Montgomery, David B.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2004
• Subjects: Entrepreneurial and Small Business Operations
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/2342; https://ink.library.smu.edu.sg/context/lkcsb_research/article/3341/viewcontent/2804paper_IMM.pdf
• Institution: Singapore Management University

The purpose of this study is to investigate the relationship between technological capabilities and firm performance. We divide technological capabilities into two types – exploitation, which refers to refinement, production and execution, and exploration, which refers to searching, flexibility, and...