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Innovative capabilities: Their drivers and effects on current and future performance

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  • Lisboa, Ana
  • Skarmeas, Dionysis
  • Lages, Carmen

Abstract

This study investigates the role of a firm's orientation, both customer and competitor, in driving innovative capabilities and the impact of those capabilities on a firm's current and future performance. The study's contribution is threefold in that it (1) examines market-related exploitative and explorative capabilities in conjunction with product development exploitative and explorative capabilities in terms of their strategic drivers (firm orientation) and performance outcomes; (2) disentangles the effects of exploitative and explorative capabilities on current and future performance; and (3) examines the role of innovative capabilities within the particularly relevant, but understudied, context of exporting. The findings suggest that, although customer orientation relates to both exploitative and explorative capabilities, competitor orientation relates only to exploitative capabilities. Exploitative capabilities affect current performance, whereas explorative capabilities affect future performance. These findings are of crucial relevance to export managers in their quest to identify, extend, and create new market opportunities.

Suggested Citation

  • Lisboa, Ana & Skarmeas, Dionysis & Lages, Carmen, 2011. "Innovative capabilities: Their drivers and effects on current and future performance," Journal of Business Research, Elsevier, vol. 64(11), pages 1157-1161.
    • Handle: RePEc:eee:jbrese:v:64:y:2011:i:11:p:1157-1161
    DOI: 10.1016/j.jbusres.2011.06.015
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    References listed on IDEAS

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    Cited by:

    1. Ljungquist, Urban, 2012. "New Dimensions Added for Enhanced Core Competence Application," Working Papers 2012/03, Blekinge Institute of Technology, Department of Industrial Economics.
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    3. Bustinza, Oscar F. & Vendrell-Herrero, Ferran & Gomes, Emanuel, 2020. "Unpacking the effect of strategic ambidexterity on performance: A cross-country comparison of MMNEs developing product-service innovation," International Business Review, Elsevier, vol. 29(6).
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    10. Erkut Altındağ & Hande Bilaloğlu Aktürk, 2020. "The Impact of New Generation Management Approaches on the Firm Performance: The Moderating Role of Strategic Human Resource Management Applications," SAGE Open, , vol. 10(3), pages 21582440209, September.
    11. Cláudia P. Ribau & António C. Moreira & Mário Raposo, 2017. "SMEs innovation capabilities and export performance: an entrepreneurial orientation view," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 18(5), pages 920-934, September.
    12. Gupta, Parul & Chauhan, Sumedha, 2021. "Firm capabilities and export performance of small firms: A meta-analytical review," European Management Journal, Elsevier, vol. 39(5), pages 558-576.
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    14. Schriber, Svante & Löwstedt, Jan, 2015. "Tangible resources and the development of organizational capabilities," Scandinavian Journal of Management, Elsevier, vol. 31(1), pages 54-68.
    15. Jorge Ferreira & Sofia Cardim & Arnaldo Coelho, 2021. "Dynamic Capabilities and Mediating Effects of Innovation on the Competitive Advantage and Firm’s Performance: the Moderating Role of Organizational Learning Capability," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(2), pages 620-644, June.
    16. Allen, Mathew R. & Adomdza, Gordon K. & Meyer, Marc H., 2015. "Managing for innovation: Managerial control and employee level outcomes," Journal of Business Research, Elsevier, vol. 68(2), pages 371-379.
    17. Benjamin Weber & Sven Heidenreich, 2016. "Improving Innovation Capabilities By Cooperation: Examining Effects Of Core Network Management Functions And Relational Mechanisms In The Industrial Goods Sector," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 20(07), pages 1-29, October.
    18. Ryan, Paul & Geoghegan, Will & Hilliard, Rachel, 2018. "The microfoundations of firms’ explorative innovation capabilities within the triple helix framework," Technovation, Elsevier, vol. 76, pages 15-27.
    19. Wang, Guangping & Dou, Wenyu & Zhu, Weichun & Zhou, Nan, 2015. "The effects of firm capabilities on external collaboration and performance: The moderating role of market turbulence," Journal of Business Research, Elsevier, vol. 68(9), pages 1928-1936.
    20. Makkonen, Hannu & Pohjola, Mikko & Olkkonen, Rami & Koponen, Aki, 2014. "Dynamic capabilities and firm performance in a financial crisis," Journal of Business Research, Elsevier, vol. 67(1), pages 2707-2719.
    21. Yalcinkaya, Goksel & Aktekin, Tevfik & Yeniyurt, Sengun, 2020. "Out with the old: A Bayesian approach to estimating product modification rates," Journal of Business Research, Elsevier, vol. 118(C), pages 141-149.
    22. Fuentelsaz, Lucio & Garrido, Elisabet & González, Minerva, 2020. "Ownership in cross-border acquisitions and entry timing of the target firm," Journal of World Business, Elsevier, vol. 55(2).
    23. Wenke, Kathrin & Zapkau, Florian B. & Schwens, Christian, 2021. "Too small to do it all? A meta-analysis on the relative relationships of exploration, exploitation, and ambidexterity with SME performance," Journal of Business Research, Elsevier, vol. 132(C), pages 653-665.
    24. Stern Neill & Gurmeet Singh & Raghuvar Dutt Pathak, 2014. "Technology and Marketing Capabilities in a Developing Economic Context: Assessing the Resource-Based View within a Boundary Condition," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 13(1), pages 75-92, June.
    25. Cristina Quintana-García & Carlos A. Benavides-Velasco & Vanesa F. Guzmán-Parra, 2016. "Science-based Firms Going Public: The Role of Patent Indicators and Top Management Teams," Industry and Innovation, Taylor & Francis Journals, vol. 23(3), pages 243-259, April.

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