Does One Entrepreneurial Culture Fit All? Making Sense of Opportunity Exploration and Exploitation

摘要：

Opportunity exploration and exploitation are two heterogeneous entrepreneurial activities that require different sets resources. Firms must strike a subtle balance between exploration and exploitation for the purpose of successful innovation. However, the question still remains as to the role of firm culture in resolving the paradox of opportunity exploration and exploitation. The paper focuses on two contrasting aspects of the entrepreneurial culture: organizational diversity and shared vision. Organizational diversity enables divergent learning that is much needed in opportunity exploration, whilst shared vision promotes convergent learning that enables opportunity exploitation. The paper contributes to the corporate and strategic entre-preneurship literatures by explicating how firm culture helps to resolve the paradox of opportunity exploration and exploitation en route to successful innovation.

关键词： Entrepreneurial Culture Opportunity Exploration and Exploitation

作者: Catherine L.Wang Mohammed Rafiq

作者单位: University of London,UK Loughborough University,UK

会议类型: 国际会议

会议名称: Academy of Innovation and Entrepreneurship 2008(创新与创业国际学术会议)

会议地点: 北京

会议语种:英文

页码: 207-216

在线出版日期: 2008-03-01（万方平台首次上网日期，不代表论文的发表时间）