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• W3100340259 startingPage "653" @default.
• W3100340259 abstract "• Meta-analysis of 34 studies including 5,488 SME observations. • Exploration, exploitation, and ambidexterity all increase SMEs’ performance. • SMEs benefit more from exploration or exploitation than from ambidexterity. • Property rights protection prevents knowledge spillovers and imitation. • Property rights protection reduces benefits of exploration and exploitation in SMEs. We tailor theory on the relative performance implications of exploration, exploitation, and ambidexterity to the unique characteristics of small and medium-sized enterprises (SMEs). First, as SMEs’ limited resources make it unclear whether ambidexterity is superior to exploration or exploitation in SMEs, we investigate their relative effects on SME performance. Second, as SMEs’ resource and particularly knowledge constraints make property rights protection (PRP) pertinent to these firms, we examine PRP as a moderator. Consistent with our hypotheses, meta-analytical evidence from 5,488 SMEs across 34 studies suggests that: (1) ambidexterity has a less positive relationship with SME performance than both exploration and exploitation and (2) PRP decreases the positive relationship between exploration and SME performance. Unexpectedly, PRP decreases the positive relationship between exploitation and SME performance. Building on our findings, we develop a roadmap for SME-specific research, focusing on sequential switching between exploration and exploitation and contingency factors of the direct relationships." @default.
• W3100340259 created "2020-11-23" @default.
• W3100340259 creator A5017608979 @default.
• W3100340259 creator A5034331278 @default.
• W3100340259 creator A5048291883 @default.
• W3100340259 date "2021-08-01" @default.
• W3100340259 modified "2023-09-29" @default.
• W3100340259 title "Too small to do it all? A meta-analysis on the relative relationships of exploration, exploitation, and ambidexterity with SME performance" @default.
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