Exploitation versus exploration: the influence of manufacturing flexibility and the environment

Autor:	Jose Benitez-Amado, Ma. Nieves Perez-Arostegui, Javier Tamayo Torres, Vanesa Barrales-Molina
Rok vydání:	2011
Předmět:	Environmental dynamics Flexibility (engineering) Process management Exploit Computer science Management of Technology and Innovation Strategy and Management Production (economics) Operations management Management Science and Operations Research Business and International Management Moderation
Zdroj:	International Journal of Business Environment. 4:92
ISSN:	1740-0597 1740-0589
DOI:	10.1504/ijbe.2011.039386
Popis:	Environmental dynamics have transformed manufacturing flexibility into one of the strategic keys for organisations. This paper analyses whether the implementation of manufacturing flexibility, as solution to the continuous changes of the environment, will encourage exploration of new knowledge and exploitation of a company’s abilities. This relationship was measured in 231 production firms. The results obtained show that the firms develop exploration of new knowledge at the same time as they exploit their abilities. The results also show that some of the dimensions of manufacturing flexibility encourage the development of both exploration and exploitation. Finally, we find a moderator effect in these relationships if we take into account environmental dynamics.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::921f7ecb4229eb1b4db4c04faf913a5d https://doi.org/10.1504/ijbe.2011.039386 Zobrazit plný text záznamu