Organizational Factors for Exploration and Exploitation

Authors

  • Sharadindu Pandey Indian Institute of Technology Kanpur (India)
  • RRK Sharma Indian Institute of Technology Kanpur (India)

DOI:

https://doi.org/10.4067/S0718-27242009000100005

Keywords:

Exploration, Exploitation, Creativity, Culture, Leadership, Reward system.

Abstract

The Purpose of the paper is to develop a conceptual framework which suggests a relationship between organisational factors and exploratory and exploitative innovation types. We searched major databases like ABI/INFORM global, EBSCO, Elsevier’s science direct, Springer link and Emerald full text. Most of studies were included from published sources. We explored the literature of organisational culture, motivational bases of the rewards system and leadership values which are responsible for increasing creative and productive output. Our study has attempted to identify common patterns and themes in the literature regarding the drivers that increase both sides of the organisational creativity. The paper discusses the role of culture, system and styles in the initiation and implementation phases of the innovation called herein exploitative and exploratory innovation.

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Author Biographies

Sharadindu Pandey, Indian Institute of Technology Kanpur (India)

Sharadindu Pandey is a doctoral candidate at Industrial and management Engineering Department, Indian Institute of Technology Kanpur, India. He is involved in the study of aligning strategy, culture and OD interventions. He has published papers in peer reviewed international journals and conference proceedings. His research interest includes culture and design of innovator organizations.

RRK Sharma, Indian Institute of Technology Kanpur (India)

R.R.K. Sharma is Professor of Management at Industrial and Management Engineering Department at Indian Institute of Technology Kanpur, India. His research interest includes change management, innovation and operation management problems. He has published in journals like European Journal of Operation Research, Journal of Academy of Business and Economics and International Journal of Business Research.

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Published

2009-05-04

How to Cite

Pandey, S., & Sharma, R. (2009). Organizational Factors for Exploration and Exploitation. Journal of Technology Management & Innovation, 4(1), 48–58. https://doi.org/10.4067/S0718-27242009000100005

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Section

Research Articles