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Dynamism and complexity as antecedents of the knowledge strategy in product development

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  • ELENA REVILLA

    () (Instituto de Empresa)

Abstract

Focusing on product development, this study extends the understanding of the environment-strategy framework and investigates the relative effect of two classical environmental variables, dynamism and complexity, on the knowledge strategy. Adopting a knowledge-based view, and assuming that the strategy´s locus is knowledge creation -exploration- and knowledge application -exploitation-, the study suggests that the development of a knowledge strategy is a managerial strategic choice that is related to the environment. The results of a survey on product development managers indicate that product development efforts operating in highly dynamic environments mostly pursue exploratory strategies.

Suggested Citation

  • Elena Revilla, 2008. "Dynamism and complexity as antecedents of the knowledge strategy in product development," Working Papers Economia wp08-15, Instituto de Empresa, Area of Economic Environment.
  • Handle: RePEc:emp:wpaper:wp08-15
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    File URL: http://latienda.ie.edu/working_papers_economia/WP08-15.pdf
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    References listed on IDEAS

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    1. Berdrow, Iris & Lane, Henry W., 2003. "International joint ventures: creating value through successful knowledge management," Journal of World Business, Elsevier, vol. 38(1), pages 15-30, February.
    2. Justin J. P. Jansen & Frans A. J. Van Den Bosch & Henk W. Volberda, 2006. "Exploratory Innovation, Exploitative Innovation, and Performance: Effects of Organizational Antecedents and Environmental Moderators," Management Science, INFORMS, vol. 52(11), pages 1661-1674, November.
    3. Henderson, Rebecca. & Cockburn, Iain., 1994. "Measuring competence? : exploring firm effects in pharmaceutical research," Working papers 3712-94., Massachusetts Institute of Technology (MIT), Sloan School of Management.
    4. Ghemawat, Pankaj & Ricart, Joan E., 1993. "Organizational tension between static and dynamic efficiency, The," IESE Research Papers D/255, IESE Business School.
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    1. repec:jfr:ijba11:v:9:y:2018:i:4:p:110-126 is not listed on IDEAS

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