Exploration and exploitation in established small and medium-sized enterprises: The effect of CEOs' regulatory focus

被引：147

作者：

Kammerlander, Nadine ^{[1
]}

Burger, Dominik ^{[1
]}

Fust, Alexander ^{[1
]}

Fueglistaller, Urs ^{[1
]}

机构：

[1] Univ St Gallen, Swiss Res Inst Small Businesses & Entrepreneurshi, CH-9000 St Gallen, Switzerland

来源：

JOURNAL OF BUSINESS VENTURING | 2015年 / 30卷 / 04期

关键词：

Regulatory focus; SMEs; Organizational ambidexterity; Exploration; Exploitation; ORGANIZATIONAL AMBIDEXTERITY; SELF-EFFICACY; CORPORATE ENTREPRENEURSHIP; ENVIRONMENTAL DYNAMISM; FINANCIAL PERFORMANCE; MARKET ORIENTATION; GOAL ORIENTATION; MODERATING ROLE; INNOVATION; STRATEGY;

D O I：

10.1016/j.jbusvent.2014.09.004

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Based on theory of regulatory focus and organizational ambidexterity, we hypothesize that the level of engagement in exploration and exploitation in a small or medium-sized enterprise (SME) is affected by the respective CEO's chronic regulatory focus. In our analysis of survey responses from CEOs in Switzerland, we find that the CEO's level of promotion focus positively affects the firm's engagement in both, exploration and exploitation, while the CEO's prevention focus is negatively associated with the firm's exploration but not significantly related to its exploitation. The positive associations between a CEO's promotion focus and the firm's exploration/exploitation activities are enhanced under conditions of intense competition. (C) 2014 Elsevier Inc. All rights reserved.

引用

页码：582 / 602

页数：21

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