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Forward-Looking External Search as a Driver for Innovation: An Empirical Analysis of the Value Contribution of Different Search Strategies for Corpora

Forward-Looking External Search as a Driver for Innovation: An Empirical Analysis of the Value Contribution of Different Search Strategies for Corpora

Paperback

Series: Forschungs-/Entwicklungs-/Innovations-Management

Business GeneralManagementGeneral Science

ISBN10: 3658261803
ISBN13: 9783658261801
Publisher: Springer Gabler
Published: May 1 2019
Pages: 322
Weight: 0.91
Height: 0.72 Width: 5.83 Depth: 8.27
Language: English

In this empirical analysis Sara Polier investigates forward-looking external search strategies and their impact on the value contribution of corporate foresight. Based on a mixed method approach combining a quantitative and qualitative analysis of large, R&D-intensive firms, the findings reveal a general positive influence of different search strategies with respect to the scope (i.e. breadth, depth, and distance) and direction of search (i.e. market, science, and intermediary-driven) on the role of foresight as a driver for innovation. This relationship is found to be mediated by a firm's exploratory learning capability, which appears to facilitate the effective transfer of external future-related knowledge into valuable outputs.

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Business General