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Exploring and Exploiting Through External Sources: The Effect of Learning and Technological Proximity

International Journal of Innovation and Learning, Vol. 8, No. 1, pp. 1-27, 2010

17 Pages Posted: 5 Jul 2011  

Vito Albino

Politecnico di Bari

Antonio Messeni Petruzzelli

Politecnico di Bari - Department of Mechanical and Management Engineering

Daniele Rotolo

SPRU (Science Policy Research Unit), University of Sussex

Date Written: 2010

Abstract

In this paper, we investigate how the different types of external learning performed by organisations, i.e., interaction and imitation, and their technological proximity with external sources affect exploration and exploitation. Specifically, analysing the last 250 patents registered by Toyota Motor Corp. at the European Patent Office, we find that exploration is favoured by interactive learning mechanisms and technological diversity between knowledge source and recipient. On the contrary, learning by interaction and similarity between technological competencies and capabilities are more suitable for exploitative research activities.

Keywords: innovation, learning, exploration, exploitation, external learning, technological proximity

JEL Classification: D83, O31, O32

Suggested Citation

Albino, Vito and Petruzzelli, Antonio Messeni and Rotolo, Daniele, Exploring and Exploiting Through External Sources: The Effect of Learning and Technological Proximity (2010). International Journal of Innovation and Learning, Vol. 8, No. 1, pp. 1-27, 2010. Available at SSRN: https://ssrn.com/abstract=1879178

Vito Albino

Politecnico di Bari ( email )

Bari, 70123
Italy

Antonio Messeni Petruzzelli

Politecnico di Bari - Department of Mechanical and Management Engineering ( email )

Viale JApigia, 182
Bari, 70126
Italy

Daniele Rotolo (Contact Author)

SPRU (Science Policy Research Unit), University of Sussex ( email )

Jubilee Building - Room 383
Brighton, Sussex BN19SL
United Kingdom

HOME PAGE: http://www.danielerotolo.com

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