The Importance of Exploration and Exploitation Innovation in Emerging Economies
ABSTRACT: Innovation capabilities are among the main driving sources of export performance; however, the literature on how exploration and exploitation innovation influence export performance in the context of emerging economies is scarce. As such, the purpose of this paper is to assess the relation...
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| Format: | Article |
| Language: | English |
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Elsevier
2022-09-01
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| Series: | Journal of Open Innovation: Technology, Market and Complexity |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2199853122007417 |
| _version_ | 1797391830942220288 |
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| author | António Carrizo Moreira Eurico Colarinho Navaia Cláudia Ribau |
| author_facet | António Carrizo Moreira Eurico Colarinho Navaia Cláudia Ribau |
| author_sort | António Carrizo Moreira |
| collection | DOAJ |
| description | ABSTRACT: Innovation capabilities are among the main driving sources of export performance; however, the literature on how exploration and exploitation innovation influence export performance in the context of emerging economies is scarce. As such, the purpose of this paper is to assess the relationship between innovation capabilities and export performance, mediated by exploration and exploitation innovation. For that, an online questionnaire was implemented surveying 250 Mozambican Small and Medium Enterprises (SMEs) in the agro-industry, agro-processing, and fishing sectors. Based on a Partial Least Squares Structural Equation Model (PLS-SEM) relating innovation capabilities, exploitation, and exploration innovation to export performance, it is possible to state that innovation capabilities influence the export performance of SMEs in this emerging country. Moreover, exploration and exploitation innovation exert important mediation effects, the latter being more prevalent than the former. The results constitute a major contribution as it is possible to claim that, in the context of emerging economies, Mozambican SMEs have managed to enhance their export performance, based on innovation capabilities, but, also, to master their ambidexterity with exploiting capabilities, normally linked to their current technological trajectories, being more prevalent that exploitation capabilities, which are focused on the pursuit of radical innovation. |
| first_indexed | 2024-03-08T23:39:21Z |
| format | Article |
| id | doaj.art-0f1678c55de94590b6dcc3785dc249f2 |
| institution | Directory Open Access Journal |
| issn | 2199-8531 |
| language | English |
| last_indexed | 2024-03-08T23:39:21Z |
| publishDate | 2022-09-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Journal of Open Innovation: Technology, Market and Complexity |
| spelling | doaj.art-0f1678c55de94590b6dcc3785dc249f22023-12-14T05:21:26ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312022-09-0183140The Importance of Exploration and Exploitation Innovation in Emerging EconomiesAntónio Carrizo Moreira0Eurico Colarinho Navaia1Cláudia Ribau2Department of Economics, Management, Industrial Engineering and Tourism, University of Aveiro, 3810-193 Aveiro, Portugal; GOVCOPP—Research Unit on Governance, Competitiveness and Public Policies, University of Aveiro, 3810-193 Aveiro, Portugal; INESCTEC—Institute for Systems and Computer Engineering, Technology and Science, 4200-465 Porto, Portugal; Correspondence:Department of Economics, Management, Industrial Engineering and Tourism, University of Aveiro, 3810-193 Aveiro, Portugal; Faculdade de Ciências Sociais e Humanidades, Universidade Zambeze, Beira 369, Sofala, MozambiqueGOVCOPP—Research Unit on Governance, Competitiveness and Public Policies, University of Aveiro, 3810-193 Aveiro, Portugal; Instituto Superior de Contabilidade e Administração, University of Aveiro, 3810-193 Aveiro, PortugalABSTRACT: Innovation capabilities are among the main driving sources of export performance; however, the literature on how exploration and exploitation innovation influence export performance in the context of emerging economies is scarce. As such, the purpose of this paper is to assess the relationship between innovation capabilities and export performance, mediated by exploration and exploitation innovation. For that, an online questionnaire was implemented surveying 250 Mozambican Small and Medium Enterprises (SMEs) in the agro-industry, agro-processing, and fishing sectors. Based on a Partial Least Squares Structural Equation Model (PLS-SEM) relating innovation capabilities, exploitation, and exploration innovation to export performance, it is possible to state that innovation capabilities influence the export performance of SMEs in this emerging country. Moreover, exploration and exploitation innovation exert important mediation effects, the latter being more prevalent than the former. The results constitute a major contribution as it is possible to claim that, in the context of emerging economies, Mozambican SMEs have managed to enhance their export performance, based on innovation capabilities, but, also, to master their ambidexterity with exploiting capabilities, normally linked to their current technological trajectories, being more prevalent that exploitation capabilities, which are focused on the pursuit of radical innovation.http://www.sciencedirect.com/science/article/pii/S2199853122007417innovation capabilitiesexploration innovationexploitation innovationinternationalizationexport performanceMozambique |
| spellingShingle | António Carrizo Moreira Eurico Colarinho Navaia Cláudia Ribau The Importance of Exploration and Exploitation Innovation in Emerging Economies Journal of Open Innovation: Technology, Market and Complexity innovation capabilities exploration innovation exploitation innovation internationalization export performance Mozambique |
| title | The Importance of Exploration and Exploitation Innovation in Emerging Economies |
| title_full | The Importance of Exploration and Exploitation Innovation in Emerging Economies |
| title_fullStr | The Importance of Exploration and Exploitation Innovation in Emerging Economies |
| title_full_unstemmed | The Importance of Exploration and Exploitation Innovation in Emerging Economies |
| title_short | The Importance of Exploration and Exploitation Innovation in Emerging Economies |
| title_sort | importance of exploration and exploitation innovation in emerging economies |
| topic | innovation capabilities exploration innovation exploitation innovation internationalization export performance Mozambique |
| url | http://www.sciencedirect.com/science/article/pii/S2199853122007417 |
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