Organizational Factors for Exploration and Exploitation: A Conceptual Review

Introduction Researchers classify innovation as two separate set of activities viz. exploration and exploitation. Benner & Tushman (2002) and Jansen (2005) differentiate between 'exploitative Innovations' which involve 'improvements in existing components and architectures and build on the existing technological trajectory' and 'exploratory innovations' which involve 'a shift to a different technological trajectory'. In addition to this way of...