When firms encounter problems, they struggle to find the best solutions. These experiences encourage firms to learn and can lead to innovation. Therefore, researchers have emphasised the importance of experiential learning. It has been emphasised that not only successful experience but also failure experience has a greater impact on firms to achieve innovation, and paradoxically, failure can be an important asset. However, there are conflicting arguments as to the relationship between failure experience and innovation. This study applies the coarsened exact matching (CEM) method, which is one of the matching methods, to elaborate on whether failure experience has a significant effect on innovation. Innovation through failure is not the same in every organisation. Based on firms' internal innovation-related characteristics, this study also examines which characteristics may produce innovation from failure experience.
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Univ Leeds, Leeds Univ Business Sch, Leeds, England
Univ Tartu, Sch Econ & Business Adm, Tartu, EstoniaUniv Leeds, Leeds Univ Business Sch, Leeds, England
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Miami Univ, Richard T Farmer Sch Business, Dept Management, Oxford, OH USA
Miami Univ, Richard T Farmer Sch Business, Dept Management, Oxford, OH 45056 USAMiami Univ, Richard T Farmer Sch Business, Dept Management, Oxford, OH USA
Ni, John
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Borisov, Alexander
Modi, Sachin
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Univ Cincinnati, Carl H Lindner Coll Business, Dept Operat Business Analyt & Informat Syst, Cincinnati, OH USAMiami Univ, Richard T Farmer Sch Business, Dept Management, Oxford, OH USA
Modi, Sachin
Huang, Xiaowen
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Miami Univ, Richard T Farmer Sch Business, Dept Management, Oxford, OH USAMiami Univ, Richard T Farmer Sch Business, Dept Management, Oxford, OH USA
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OP Jindal Univ, Jindal Global Business Sch, Strategy Entrepreneurship & Gen Management, Sonipat 131029, Haryana, IndiaOP Jindal Univ, Jindal Global Business Sch, Strategy Entrepreneurship & Gen Management, Sonipat 131029, Haryana, India
Shaik, Aqueeb Sohail
Alshibani, Safiya Mukhtar
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Princess Nourah bint Abdulrahman Univ, Coll Business & Adm, Dept Business Adm, Riyadh, Saudi ArabiaOP Jindal Univ, Jindal Global Business Sch, Strategy Entrepreneurship & Gen Management, Sonipat 131029, Haryana, India
Alshibani, Safiya Mukhtar
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Mishra, Shreya
Papa, Armando
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Univ Teramo, Dept Commun Sci, Teramo, Italy
HSE Univ, Moscow, RussiaOP Jindal Univ, Jindal Global Business Sch, Strategy Entrepreneurship & Gen Management, Sonipat 131029, Haryana, India