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- W3045496417 endingPage "20253" @default.
- W3045496417 startingPage "20253" @default.
- W3045496417 abstract "Although the extant literature of behavior theory of the firm has found that underperformed firms are likely to engage in the problemistic search, little is known about how firms re-allocate their innovation resources according to performance feedback. This study aims to uncover the microfoundations of problemistic search by elaborating on the linkages of firm performance aspirations to firms’ patent portfolios. Combining the related literatures on performance feedback and innovation portfolios management, we argue that it is more likely for underperformed firms to adapt a triple portfolio strategy in managing innovation activities - reducing radical innovations, strengthening incremental innovations, and reducing trivial innovations in the portfolios. Our empirical patent analysis of U.S. public companies largely supports our predictions on the triple portfolio strategy." @default.
- W3045496417 created "2020-08-03" @default.
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- W3045496417 date "2020-08-01" @default.
- W3045496417 modified "2023-10-16" @default.
- W3045496417 title "Microfoundations of Problemistic Search: Toward a Triple Portfolio Strategy in Innovations" @default.
- W3045496417 doi "https://doi.org/10.5465/ambpp.2020.20253abstract" @default.
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