The role of exploration and exploitation for innovation success: effects of business models on organizational ambidexterity in the semiconductor industry

Organizational ambidexterity is the ability of organizations to balance exploratory and exploitative activities, and is essential if firms are to survive in dynamic environments. Furthermore, the ambidexterity hypothesis states that firms that have this ability (i.e. are ambidextrous) are more successful. However, this opens a number of questions, namely how firms can balance both types of activities and if this ability is affected by other...