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- W2549486870 abstract "Exploration, the search for new and valuable knowledge, is a critical activity for the development of radical innovation and thus for the long-term success of the firm. Although exploration has become a dominant term in analyses of technological innovation, there is scarce insight in how firms actually explore new knowledge. In this paper, we investigate how established market leaders from different industries explore new knowledge aimed at the development of innovation. Specifically, we investigate if and how existing knowledge and competencies are used to explore new knowledge. The results show that the firms use existing technological know-how as a guide for knowledge exploration and as a springboard for the development of new technological competencies. Our findings moderate the view that radical innovation is the result of distant search for new and unfamiliar knowledge and suggest that it is rather a result of intelligent knowledge reuse." @default.
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- W2549486870 date "2011-06-28" @default.
- W2549486870 modified "2023-09-23" @default.
- W2549486870 title "Using existing knowledge and competencies for knowledge exploration: evidence from established firms" @default.
- W2549486870 hasPublicationYear "2011" @default.
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