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Counterbalancing exploitative knowledge search during environmental dynamism: Reinforcing new ideas for existing products
Linköping University, Department of Management and Engineering, Project management, Innovations and Entrepreneurship . Linköping University, The Institute of Technology.ORCID iD: 0000-0002-5427-3560
Linköping University, Department of Management and Engineering. Linköping University, The Institute of Technology.
2013 (English)In: Creativity and Innovation Management, ISSN 0963-1690, E-ISSN 1467-8691, Vol. 22, no 4, 420-434 p.Article in journal (Refereed) Published
Abstract [en]

Established firms face the challenge of counterbalancing their predominant focus on exploitation with exploration. This paper explores how these firms can reinforce new exploratory ideas for existing products, especially during periods of environmental dynamism. The study is based on an action research study at a new product development (NPD) department at an international manufacturing firm operating in a cyclical market. The results show that increased environmental dynamism opens new opportunities for counterbalancing exploitative approaches by building exploratory skills. The action contributed specifically to breaking with old traditions in the NPD organization, and resulted in actionable knowledge in terms of an ideation approach. However, the study also shows that fast industry cycles that do not match the remote returns of exploratory knowledge searches diminish the possibility to sustain exploratory knowledge searches in organizations. The paper identifies important problems related to the long-time horizon of exploration and the cyclical nature of industries.

Place, publisher, year, edition, pages
John Wiley & Sons, 2013. Vol. 22, no 4, 420-434 p.
National Category
Business Administration
Identifiers
URN: urn:nbn:se:liu:diva-98257DOI: 10.1111/caim.12038ISI: 000327208600007OAI: oai:DiVA.org:liu-98257DiVA: diva2:653636
Available from: 2013-10-04 Created: 2013-10-04 Last updated: 2017-12-06Bibliographically approved

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Lakemond, NicoletteDetterfelt, Jonas

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Project management, Innovations and Entrepreneurship The Institute of TechnologyDepartment of Management and Engineering
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  • apa
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  • Other style
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  • de-DE
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  • nn-NB
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  • Other locale
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Output format
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