IDEAS home Printed from https://ideas.repec.org/a/eee/techno/v136y2024ics0166497224001184.html
   My bibliography  Save this article

Unpacking the link between entrepreneurial proactiveness and exploitative innovation strategy: The role of brokerage position and open innovation

Author

Listed:
  • Choi, Jihun
  • Kim, Young-Kyu
  • Roh, Taewoo

Abstract

This study investigates inter-firm relationships’ distinct impacts on entrepreneurial proactiveness (EP) and exploitative innovation strategy. Although the existing literature on entrepreneurs’ innovation strategies has consistently found a positive relationship between EP and exploration, the mechanisms underlying the inconsistent relationship between EP and exploitative innovation strategy remain unclear. We anticipate that applying brokerage position in network theory would offer further insights into the relationship between EP and exploitative innovation strategy. Additionally, we introduced depth of openness as a moderating variable and examined its effect on the moderated mediation relationship. To test hypotheses, this study utilized linear and logistic regression, bootstrapping, and the Johnson-Neyman technique. The findings of the 2020 Korean Innovation Survey, conducted by the Science and Technology Policy Institute, indicate that data from 2352 Korean manufacturing companies exhibits that the brokerage position mediates EP and exploitative innovation strategy. Moreover, the depth of openness mitigated the positive relationship between the brokerage position and the exploitative innovation strategy and the indirect effect of EP on exploitative innovation strategy through the brokerage position. These findings contribute theoretically to entrepreneurial orientation and underscore the practical significance of aligning company goals with social relationships.

Suggested Citation

  • Choi, Jihun & Kim, Young-Kyu & Roh, Taewoo, 2024. "Unpacking the link between entrepreneurial proactiveness and exploitative innovation strategy: The role of brokerage position and open innovation," Technovation, Elsevier, vol. 136(C).
    • Handle: RePEc:eee:techno:v:136:y:2024:i:c:s0166497224001184
    DOI: 10.1016/j.technovation.2024.103068
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0166497224001184
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.technovation.2024.103068?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Abbasi, Alireza & Hossain, Liaquat & Leydesdorff, Loet, 2012. "Betweenness centrality as a driver of preferential attachment in the evolution of research collaboration networks," Journal of Informetrics, Elsevier, vol. 6(3), pages 403-412.
    2. Jeffrey G. Covin & Kimberly M. Green & Dennis P. Slevin, 2006. "Strategic Process Effects on the Entrepreneurial Orientation–Sales Growth Rate Relationship," Entrepreneurship Theory and Practice, , vol. 30(1), pages 57-81, January.
    3. Hicheon Kim & Johngseok Bae & Garry Bruton, 2012. "Business groups and institutional upheaval in emerging economies: Corporate venturing in Korea," Asia Pacific Journal of Management, Springer, vol. 29(3), pages 729-752, September.
    4. Zhang, Zhu & Lyles, Marjorie A. & Wu, Changqi, 2020. "The stock market performance of exploration-oriented and exploitation-oriented cross-border mergers and acquisitions: Evidence from emerging market enterprises," International Business Review, Elsevier, vol. 29(4).
    5. Arturs Kalnins, 2018. "Multicollinearity: How common factors cause Type 1 errors in multivariate regression," Strategic Management Journal, Wiley Blackwell, vol. 39(8), pages 2362-2385, August.
    6. Frishammar, Johan & Richtnér, Anders & Brattström, Anna & Magnusson, Mats & Björk, Jennie, 2019. "Opportunities and challenges in the new innovation landscape: Implications for innovation auditing and innovation management," European Management Journal, Elsevier, vol. 37(2), pages 151-164.
    7. Zhu, Xiaoxuan & Xiao, Zhenxin & Dong, Maggie Chuoyan & Gu, Jibao, 2019. "The fit between firms’ open innovation and business model for new product development speed: A contingent perspective," Technovation, Elsevier, vol. 86, pages 75-85.
    8. Sun, Helin & Cappa, Francesco & Zhu, Jia & Peruffo, Enzo, 2023. "The effect of CEO social capital, CEO duality and state-ownership on corporate innovation," International Review of Financial Analysis, Elsevier, vol. 87(C).
    9. Priyanka, & Jain, Mahima & Dhir, Sanjay, 2022. "Antecedents of organization ambidexterity: A comparative study of public and private sector organizations," Technology in Society, Elsevier, vol. 70(C).
    10. Lai-Yin Cheah, Sarah & Ho, Yuen-Ping & Li, Shiyu, 2021. "Search strategy, innovation and financial performance of firms in process industries," Technovation, Elsevier, vol. 105(C).
    11. Wu, Haizhen & Han, Zhao'an & Zhou, Yong, 2021. "Optimal degree of openness in open innovation: A perspective from knowledge acquisition & knowledge leakage," Technology in Society, Elsevier, vol. 67(C).
    12. Pérez-Luño, Ana & Wiklund, Johan & Cabrera, Ramón Valle, 2011. "The dual nature of innovative activity: How entrepreneurial orientation influences innovation generation and adoption," Journal of Business Venturing, Elsevier, vol. 26(5), pages 555-571, September.
    13. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 31(3), pages 129-137.
    14. Jeffrey M Wooldridge, 2010. "Econometric Analysis of Cross Section and Panel Data," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262232588, December.
    15. James G. March, 1991. "Exploration and Exploitation in Organizational Learning," Organization Science, INFORMS, vol. 2(1), pages 71-87, February.
    16. John Hagedoorn & Boris Lokshin & Ann‐Kristin Zobel, 2018. "Partner Type Diversity in Alliance Portfolios: Multiple Dimensions, Boundary Conditions and Firm Innovation Performance," Journal of Management Studies, Wiley Blackwell, vol. 55(5), pages 809-836, July.
    17. Bhandari, Krishna Raj & Rana, Sudhir & Paul, Justin & Salo, Jari, 2020. "Relative exploration and firm performance: Why resource-theory alone is not sufficient?," Journal of Business Research, Elsevier, vol. 118(C), pages 363-377.
    18. Hewitt-Dundas, Nola & Gkypali, Areti & Roper, Stephen, 2019. "Does learning from prior collaboration help firms to overcome the ‘two-worlds’ paradox in university-business collaboration?," Research Policy, Elsevier, vol. 48(5), pages 1310-1322.
    19. Angelidou, Sofia & Mount, Matthew & Pandza, Krsto, 2022. "Exploring the asymmetric complementarity between external knowledge search and management innovation," Technovation, Elsevier, vol. 115(C).
    20. Zi-Lin He & Poh-Kam Wong, 2004. "Exploration vs. Exploitation: An Empirical Test of the Ambidexterity Hypothesis," Organization Science, INFORMS, vol. 15(4), pages 481-494, August.
    21. Smith, Daniel, 2020. "The Effects of Federal Research and Development Subsidies on Firm Commercialization Behavior," Research Policy, Elsevier, vol. 49(7).
    22. Gama, Fábio & Sjödin, David & Parida, Vinit & Frishammar, Johan & Wincent, Joakim, 2022. "Exploratory and exploitative capability paths for innovation: A contingency framework for harnessing fuzziness in the front end," Technovation, Elsevier, vol. 113(C).
    23. Kobarg, Sebastian & Stumpf-Wollersheim, Jutta & Welpe, Isabell M., 2019. "More is not always better: Effects of collaboration breadth and depth on radical and incremental innovation performance at the project level," Research Policy, Elsevier, vol. 48(1), pages 1-10.
    24. Daniel A. Levinthal & James G. March, 1993. "The myopia of learning," Strategic Management Journal, Wiley Blackwell, vol. 14(S2), pages 95-112, December.
    25. Martín-Rojas, Rodrigo & Garrido-Moreno, Aurora & García-Morales, Víctor J., 2020. "Fostering Corporate Entrepreneurship with the use of social media tools," Journal of Business Research, Elsevier, vol. 112(C), pages 396-412.
    26. Audretsch, David B. & Belitski, Maksim & Caiazza, Rosa & Phan, Phillip, 2023. "Collaboration strategies and SME innovation performance," Journal of Business Research, Elsevier, vol. 164(C).
    27. Jiang, Xu & Liu, Heng & Fey, Carl & Jiang, Feifei, 2018. "Entrepreneurial orientation, network resource acquisition, and firm performance: A network approach," Journal of Business Research, Elsevier, vol. 87(C), pages 46-57.
    28. Sarath Balachandran & Exequiel Hernandez, 2018. "Networks and Innovation: Accounting for Structural and Institutional Sources of Recombination in Brokerage Triads," Organization Science, INFORMS, vol. 29(1), pages 80-99, February.
    29. Chen, Yan, 2017. "Dynamic ambidexterity: How innovators manage exploration and exploitation," Business Horizons, Elsevier, vol. 60(3), pages 385-394.
    30. Xinshu Zhao & John G. Lynch & Qimei Chen, 2010. "Reconsidering Baron and Kenny: Myths and Truths about Mediation Analysis," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 37(2), pages 197-206, August.
    31. Carina Lomberg & Diemo Urbig & Christoph Stöckmann & Louis D. Marino & Pat H. Dickson, 2017. "Entrepreneurial Orientation: The Dimensions’ Shared Effects in Explaining Firm Performance," Entrepreneurship Theory and Practice, , vol. 41(6), pages 973-998, November.
    32. Solano Acosta, Alexandra & Herrero Crespo, Ángel & Collado Agudo, Jesús, 2018. "Effect of market orientation, network capability and entrepreneurial orientation on international performance of small and medium enterprises (SMEs)," International Business Review, Elsevier, vol. 27(6), pages 1128-1140.
    33. Zhang, Man & Hartley, Janet L., 2018. "Guanxi, IT systems, and innovation capability: The moderating role of proactiveness," Journal of Business Research, Elsevier, vol. 90(C), pages 75-86.
    34. Michael D. Ryall & Olav Sorenson, 2007. "Brokers and Competitive Advantage," Management Science, INFORMS, vol. 53(4), pages 566-583, April.
    35. Oh, Jong-Min, 2017. "Absorptive capacity, technology spillovers, and the cross-section of stock returns," Journal of Banking & Finance, Elsevier, vol. 85(C), pages 146-164.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mavroudi, Eva & Kesidou, Effie & Pandza, Krsto, 2023. "Effects of ambidextrous and specialized R&D strategies on firm performance: The contingent role of industry orientation," Journal of Business Research, Elsevier, vol. 154(C).
    2. Youngtak M. Kim & John R. Busenbark & Seung-Hwan Jeong & Son K. Lam, 2022. "The performance impact of marketing dualities: a response surface approach to resolving empirical challenges," Journal of the Academy of Marketing Science, Springer, vol. 50(5), pages 915-940, September.
    3. Matthews, Lane & Heyden, Mariano L.M. & Zhou, Dan, 2022. "Paradoxical transparency? Capital market responses to exploration and exploitation disclosure," Research Policy, Elsevier, vol. 51(1).
    4. F. Ted Tschang & Gokhan Ertug, 2016. "New Blood as an Elixir of Youth: Effects of Human Capital Tenure on the Explorative Capability of Aging Firms," Organization Science, INFORMS, vol. 27(4), pages 873-892, August.
    5. Yan Ling & Michelle Hammond & Li-Qun Wei, 2022. "Ethical leadership and ambidexterity in young firms: examining the CEO-TMT Interface," International Entrepreneurship and Management Journal, Springer, vol. 18(1), pages 25-48, March.
    6. Ning Jia, 2019. "Corporate innovation strategy and disclosure policy," Review of Quantitative Finance and Accounting, Springer, vol. 52(1), pages 253-288, January.
    7. Shukla, Dhirendra Mani & Mital, Amita & Qureshi, Israr, 2024. "Effects of alliance portfolio breadth and depth on exploratory and exploitative innovation: Evidence from Indian high-tech sectors," Journal of Business Research, Elsevier, vol. 179(C).
    8. Strobl, Andreas & Bauer, Florian & Matzler, Kurt, 2020. "The impact of industry-wide and target market environmental hostility on entrepreneurial leadership in mergers and acquisitions," Journal of World Business, Elsevier, vol. 55(2).
    9. Hyojung Kim & Namgyoo Park & Jeonghwan Lee, 2014. "How does the second-order learning process moderate the relationship between innovation inputs and outputs of large Korean firms?," Asia Pacific Journal of Management, Springer, vol. 31(1), pages 69-103, March.
    10. Jin, Jason Lu & Wang, Liwen, 2024. "Design and governance of international joint venture innovation strategy: Evidence from China," International Business Review, Elsevier, vol. 33(3).
    11. Uriel Stettner & Dovev Lavie, 2014. "Ambidexterity under scrutiny: Exploration and exploitation via internal organization, alliances, and acquisitions," Strategic Management Journal, Wiley Blackwell, vol. 35(13), pages 1903-1929, December.
    12. Bedford, David S. & Bisbe, Josep & Sweeney, Breda, 2019. "Performance measurement systems as generators of cognitive conflict in ambidextrous firms," Accounting, Organizations and Society, Elsevier, vol. 72(C), pages 21-37.
    13. Bai, Xuan & Wang, Qingtao & Sheng, Shibin & Li, Julie Juan, 2021. "Cross-level interpersonal ties and IJV innovation: Evidence from China," Journal of Business Research, Elsevier, vol. 134(C), pages 618-630.
    14. Zhang, Haisu & Wu, Fang & Cui, Anna Shaojie, 2015. "Balancing market exploration and market exploitation in product innovation: A contingency perspective," International Journal of Research in Marketing, Elsevier, vol. 32(3), pages 297-308.
    15. Bruno Cirillo & Stefano Brusoni & Giovanni Valentini, 2014. "The Rejuvenation of Inventors Through Corporate Spinouts," Organization Science, INFORMS, vol. 25(6), pages 1764-1784, December.
    16. Glenn B. Voss & Zannie Giraud Voss, 2013. "Strategic Ambidexterity in Small and Medium-Sized Enterprises: Implementing Exploration and Exploitation in Product and Market Domains," Organization Science, INFORMS, vol. 24(5), pages 1459-1477, October.
    17. Tobias Kollmann & Christoph Stöckmann, 2014. "Filling the Entrepreneurial Orientation–Performance Gap: The Mediating Effects of Exploratory and Exploitative Innovations," Entrepreneurship Theory and Practice, , vol. 38(5), pages 1001-1026, September.
    18. Marina Estrada-Cruz & Noelia Rodriguez-Hernández & Antonio J. Verdú-Jover & Jose Maria Gómez-Gras, 2022. "The effect of competitive intensity on the relationship between strategic entrepreneurship and organizational results," International Entrepreneurship and Management Journal, Springer, vol. 18(1), pages 1-24, March.
    19. Shukla, Dhirendra Mani & Mital, Amita & Qureshi, Israr & Wang, Taiyuan, 2020. "Valuation effects of alliance portfolio expansion speed and strength: Evidence from high-tech firms," Journal of Business Research, Elsevier, vol. 113(C), pages 370-383.
    20. Roh, Taewoo & Xiao, Shufeng (Simon) & Park, Byung Il, 2024. "MNEs' capabilities and their sustainable business in emerging markets: Evidence from MNE subsidiaries in China," Journal of International Management, Elsevier, vol. 30(1).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:techno:v:136:y:2024:i:c:s0166497224001184. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.sciencedirect.com/science/journal/01664972 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.