Home > Research > Publications & Outputs > Slack resources, exploratory and exploitative i...

Electronic data

  • Manuscript_finalMay2016_Soetanto_Jack

    Rights statement: The final publication is available at Springer via http://dx.doi.org/10.1007/s10961-016-9533-0

    Accepted author manuscript, 603 KB, PDF document

    Available under license: CC BY-NC: Creative Commons Attribution-NonCommercial 4.0 International License

Links

Text available via DOI:

View graph of relations

Slack resources, exploratory and exploitative innovation and the performance of small technology-based firms

Research output: Contribution to journalJournal article

E-pub ahead of print

Standard

Slack resources, exploratory and exploitative innovation and the performance of small technology-based firms. / Soetanto, Danny Prabowo; Jack, Sarah Louise.

In: The Journal of Technology Transfer, 16.12.2016.

Research output: Contribution to journalJournal article

Harvard

APA

Vancouver

Author

Bibtex

@article{0f58679ee2fb470097e00119ce3e135c,
title = "Slack resources, exploratory and exploitative innovation and the performance of small technology-based firms",
abstract = "This paper aims to contribute (1) to the understanding about how small technologybasedfirms in spite of being constrained by limited resources, can still perform exploratoryand exploitative innovation and (2) to extend knowledge about the role of slack resources inthe context of small technology-based firms in facilitating those innovation activities. Herein,we focus on two types of slack resources: internal slack, resources that are available within thefirms and external slack, additional resources that are gathered through the facilitation ofexternal sources such as business incubators. Using a sample of 141 small technology-basedfirms located at incubators, this study combined two streams of research on incubator studiesand innovation to construct some hypotheses examining the role of slack resources andinnovation activities in enhancing the performance of small technology-based firms operatingin incubator setting. Our findings demonstrate that neither slack resources nor innovationactivities alone explain firm performance. Instead, small technology-based firms fittheir innovation activities to their slack resources. While the relationship between internalslack and performance is mediated by exploitative innovation, exploratory innovation plays arole as a mediator for the relationship between external slack and performance.",
keywords = "Exploration, Exploitation , Innovation, Internal slack , External slack , Mediation , Performance , Incubators",
author = "Soetanto, {Danny Prabowo} and Jack, {Sarah Louise}",
note = "The final publication is available at Springer via http://dx.doi.org/10.1007/s10961-016-9533-0",
year = "2016",
month = "12",
day = "16",
doi = "10.1007/s10961-016-9533-0",
language = "English",
journal = "The Journal of Technology Transfer",
issn = "0892-9912",
publisher = "Kluwer Academic Publishers",

}

RIS

TY - JOUR

T1 - Slack resources, exploratory and exploitative innovation and the performance of small technology-based firms

AU - Soetanto, Danny Prabowo

AU - Jack, Sarah Louise

N1 - The final publication is available at Springer via http://dx.doi.org/10.1007/s10961-016-9533-0

PY - 2016/12/16

Y1 - 2016/12/16

N2 - This paper aims to contribute (1) to the understanding about how small technologybasedfirms in spite of being constrained by limited resources, can still perform exploratoryand exploitative innovation and (2) to extend knowledge about the role of slack resources inthe context of small technology-based firms in facilitating those innovation activities. Herein,we focus on two types of slack resources: internal slack, resources that are available within thefirms and external slack, additional resources that are gathered through the facilitation ofexternal sources such as business incubators. Using a sample of 141 small technology-basedfirms located at incubators, this study combined two streams of research on incubator studiesand innovation to construct some hypotheses examining the role of slack resources andinnovation activities in enhancing the performance of small technology-based firms operatingin incubator setting. Our findings demonstrate that neither slack resources nor innovationactivities alone explain firm performance. Instead, small technology-based firms fittheir innovation activities to their slack resources. While the relationship between internalslack and performance is mediated by exploitative innovation, exploratory innovation plays arole as a mediator for the relationship between external slack and performance.

AB - This paper aims to contribute (1) to the understanding about how small technologybasedfirms in spite of being constrained by limited resources, can still perform exploratoryand exploitative innovation and (2) to extend knowledge about the role of slack resources inthe context of small technology-based firms in facilitating those innovation activities. Herein,we focus on two types of slack resources: internal slack, resources that are available within thefirms and external slack, additional resources that are gathered through the facilitation ofexternal sources such as business incubators. Using a sample of 141 small technology-basedfirms located at incubators, this study combined two streams of research on incubator studiesand innovation to construct some hypotheses examining the role of slack resources andinnovation activities in enhancing the performance of small technology-based firms operatingin incubator setting. Our findings demonstrate that neither slack resources nor innovationactivities alone explain firm performance. Instead, small technology-based firms fittheir innovation activities to their slack resources. While the relationship between internalslack and performance is mediated by exploitative innovation, exploratory innovation plays arole as a mediator for the relationship between external slack and performance.

KW - Exploration

KW - Exploitation

KW - Innovation

KW - Internal slack

KW - External slack

KW - Mediation

KW - Performance

KW - Incubators

U2 - 10.1007/s10961-016-9533-0

DO - 10.1007/s10961-016-9533-0

M3 - Journal article

JO - The Journal of Technology Transfer

JF - The Journal of Technology Transfer

SN - 0892-9912

ER -