Innovation at the intersection between exploration, exploitation and discontinuity
by Mariano Corso, Antonella Martini, Luisa Pellegrini
International Journal of Learning and Intellectual Capital (IJLIC), Vol. 6, No. 4, 2009

Abstract: Challenged by competition pressures and the unprecedented pace of change, firms cannot choose anymore whether to concentrate on the needs of today's customers or on the anticipation of tomorrow's needs: they must be excellent at both. This requires managing two related balancing acts: on the one side, being excellent in both the exploitation and exploration of their capabilities and, on the other side, being excellent in managing both incremental and radical innovation. These two balances are critical since exploitation and exploration, on the one side, and incremental and radical innovation, on the other side, require different approaches that have been traditionally considered difficult to combine within the same organisation. Our objective is to begin to shed light on the necessity of considering these balancing acts in a global perspective and on how companies can combine them. We performed a retrospective case study of Microlambda/Selenia, which was successful in achieving and maintaining a combination of these two balancing acts.

Online publication date: Sun, 16-Aug-2009

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Learning and Intellectual Capital (IJLIC):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com