Explorative versus exploitative alliances: evidence from the glass industry in China

Leung, Vincent K.K.; Lau, Chi Keung Marco; Zhang, Zhe; Gu, Flora F.

doi:10.1080/14765284.2015.1021115

Cited by 4 publications

(3 citation statements)

References 53 publications

(74 reference statements)

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“…Interestingly, He and Wong (2004) show that exploitative alliances can also lead to product innovation. According to knowledge-accessing theory, knowledge-acquiring alliances (explorative alliances) often need a longer time to launch new products into the market and require higher costs and risks compared with knowledge-accessing alliances (exploitative alliances) (Grant and Baden-Fuller, 2004; Leung et al , 2015; Bresciani et al , 2018; Tewari et al , 2019).…”

Section: Theory and Hypothesesmentioning

confidence: 99%

Strategic alliances, exploration and exploitation and their impact on innovation and new product development: the effect of knowledge sharing

Ferreira

Coelho

Moutinho

2020

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PurposeThis study delves in the controversy about the nature and the sign of the effect of strategic alliances and exploration and exploitation capabilities on innovation and new product development. The paper analyses the effects of knowledge sharing and strategic alliances relationships at the firm level. Specifically, we study the influence of strategic alliances relationships in new product development and the mediating role of exploration and exploitation as dynamic capabilities.Design/methodology/approachThis investigation proposes a theoretical model tested using structural equation modeling (SEM). The multigroup analysis was performed to understand the moderating role of. A questionnaire survey was developed to explore the relations between strategic alliances and innovation and new product development variables. For this study, 387 valid questionnaires were collected from a sample of Portugal SME' firms. A 90-item questionnaire was submitted to employees managers of a large number of Portuguese SMEs, which consists to study the relationships among all the variables.FindingsThe results show that exists a positive direct influence of strategic alliances on innovation and new product development, and mediating impact the exploration and exploitation by the moderating role of knowledge sharing.Research limitations/implicationsThis study has some methodological limitations affecting its potential contributions. A cross-sectional study that captures one image in time and its ability to identify strict causality between variables is limited. Furthermore, the results are based on log collected from a key respondent, rather than broader actual data. The results are restricted to one country, Portugal. Future research should initially target different countries. Such research could then test the generalizability of the results.Practical implicationsTo fill this managerial relevance gap, we propose a process model in which the main antecedents of alliance stability will be examined. We argue that an alliance's evolutionary dynamics depend on these factors and variables that the partners must assess and manage over its developmental stages. In this sense, managers have significant scope to influence the ultimate success of strategic alliances. This study highlights the need to actively manage the cooperation – competition (coopetition) tension with the alliance partner and to apply the knowledge acquired from the partner to create new knowledge to enhance innovative performanceOriginality/valueThis paper contributes to fill the gap between strategic alliances and new product development mediated by exploration and exploitation in the dynamic capabilities view.

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Section: Theory and Hypothesesmentioning

confidence: 99%

Strategic alliances, exploration and exploitation and their impact on innovation and new product development: the effect of knowledge sharing

Ferreira

Coelho

Moutinho

2020

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“…Higher operating costs from expensive sugar sources and catalysts, high energy demands and higher health and environmental impacts from the use of toxic solvents make the production of the building blocks HMF and FDCA less economically viable and sustainably feasible 50,51 . Firms generally enter exploitation alliances because they exhibit less uncertainty and thus require fewer resources 52,53 . However, for upstream chemicals and materials firms like Avantium, an exploitation strategy for developing commercial application for PEF needs to be balanced with technological exploration for more efficient building block production, otherwise it will be challenging to compete with fossil‐based plastics.…”

Section: Polyethylene Furanoatementioning

confidence: 99%

“…50,51 Firms generally enter exploitation alliances because they exhibit less uncertainty and thus require fewer resources. 52,53 However, for upstream chemicals and materials firms like Avantium, an exploitation strategy for developing commercial application for PEF needs to be balanced with technological exploration for more efficient building block production, otherwise it will be challenging to compete with fossil-based plastics.…”

Section: Improving Building Block Production Through Alliancesmentioning

confidence: 99%

Bioplastics innovation: commercialization strategies for polyethylene furanoate (PEF) and polyhydroxy alkanoates (PHA)

Kunamaneni

2022

Biofuels Bioprod Bioref

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Plastics have become ubiquitous materials essential for modern life and sustaining the global economy. On the other hand, their dependence on dwindling fossil fuel sources and their durability has raised concerns about their sustainability. Biobased plastics, which include biodegradable plastics, appear to be an appealing solution, yet their uptake has been slow. This paper specifically looks at the commercialization challenges for two bioplastics: polyethylene furanoate (PEF) and polyhydroxy alkanoate (PHA), that have been claimed by the industry as potentially disruptive. The superior barrier, mechanical and thermal properties of PEF present a suitable competition to polyethylene terephthalate (PET). The versatility and marine biodegradability of PHAs have attracted interest from several potential adopters. However, the high production costs of both pose a serious commercialization challenge when considering the established production, supply chain and recycling infrastructure for fossil‐based plastics. This study illustrates how firms are mitigating technical and market uncertainties by strategies such as adding value to other products, utilizing existing industrial assets, balancing exploration of more efficient and sustainable production pathways with commercial exploitation, lowering transaction costs by utilizing existing knowledge base, by developing formulation capabilities and forward integrating into end consumer products, or by entering collaborative alliances. These strategies could inevitably overcome inertia posed by the current market structure for fossil‐based plastics. © 2022 The Authors. Biofuels, Bioproducts and Biorefining published by Society of Industrial Chemistry and John Wiley & Sons Ltd.

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Exploration, exploitation, and firm age in alliance portfolios

2019

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Explorative versus exploitative alliances: evidence from the glass industry in China

Cited by 4 publications

References 53 publications

Strategic alliances, exploration and exploitation and their impact on innovation and new product development: the effect of knowledge sharing

Strategic alliances, exploration and exploitation and their impact on innovation and new product development: the effect of knowledge sharing

Bioplastics innovation: commercialization strategies for polyethylene furanoate (PEF) and polyhydroxy alkanoates (PHA)

Exploration, exploitation, and firm age in alliance portfolios

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