Universität zu Köln

Wenke, Kathrin, Zapkau, Florian B. and Schwens, Christian ORCID: 0000-0002-4576-5520 (2021). Too small to do it all? A meta-analysis on the relative relationships of exploration, exploitation, and ambidexterity with SME performance. Journal of Business Research, 132. 653 - 666. NEW YORK: Elsevier. ISSN 1873-7978

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Abstract

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.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Wenke, Kathrin UNSPECIFIED UNSPECIFIED UNSPECIFIED Zapkau, Florian B. UNSPECIFIED UNSPECIFIED UNSPECIFIED Schwens, Christian UNSPECIFIED orcid.org/0000-0002-4576-5520 UNSPECIFIED
URN:	urn:nbn:de:hbz:38-573913
DOI:	10.1016/j.jbusres.2020.10.018
Journal or Publication Title:	Journal of Business Research
Volume:	132
Page Range:	653 - 666
Date:	2021
Publisher:	Elsevier
Place of Publication:	NEW YORK
ISSN:	1873-7978
Language:	English
Faculty:	Faculty of Management, Economy and Social Sciences
Divisions:	Faculty of Management, Economics and Social Sciences > Business Administration > Corporate Development > Professur für Innovation Management and Entrepreneurship
Subjects:	Management and auxiliary services
Uncontrolled Keywords:	Keywords Language MEDIUM-SIZED ENTERPRISES; ORGANIZATIONAL AMBIDEXTERITY; FIRM PERFORMANCE; INNOVATION; CAPABILITIES; ANTECEDENTS; SPILLOVERS; STRATEGIES; LEADERSHIP English Business English
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/57391