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Network Position and Firms’ Exploration Strategies: A Study of Two Regional Industry Clusters in Norway

Author

Listed:
  • Yi Lin

    (School of Business, University of South-Eastern Norway (USN), Borre, Norway and Department of Strategy and Management, Norwegian School of Economics (NHH), Bergen, Norway)

  • Jarle Aarstad

    (��The Mohn Centre for Innovation and Regional Development, Western Norway University of Applied Sciences, Bergen, Norway)

  • Aksel I. Rokkan

    (��Department of Strategy and Management, Norwegian School of Economics (NHH), Bergen, Norway)

Abstract

Management research has examined environmental and organizational antecedents for firms’ exploration. We complement this research by applying a network perspective to explain how firms adjust exploration strategies based on their interorganizational network positions. We particularly focus on two network constructs, closeness centrality and local cohesion. Closeness centrality captures a firm’s independent access to network knowledge and resources, and local cohesion reveals the connections between a focal firm’s associates. Combining network and survey data for 64 firms in two Norwegian regional industry clusters reveals exploration strategies’ association with network position. The positive effect of local cohesion is stronger than closeness centrality’s. Our findings indicate that network drivers act as antecedents of exploration.

Suggested Citation

  • Yi Lin & Jarle Aarstad & Aksel I. Rokkan, 2023. "Network Position and Firms’ Exploration Strategies: A Study of Two Regional Industry Clusters in Norway," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 20(07), pages 1-21, November.
    • Handle: RePEc:wsi:ijitmx:v:20:y:2023:i:07:n:s0219877023500475
    DOI: 10.1142/S0219877023500475
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