Empirical analysis of the technological exploration–exploitation balance and its impact on organizational performance under uncertainty

Abstract The literature on organizational ambidexterity emphasizes the complex relationship between the balance of exploitation and exploration and its impact on performance. However, the empirical research, while granting special attention to the study of types of ambidexterity and factors conditio...

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Main Authors: Juan A. Martínez-Román, Javier Gamero, Juan A. Tamayo, María de Loreto Delgado-González
Format: Article
Language:English
Published: Springer Nature 2025-02-01
Series:Humanities & Social Sciences Communications
Online Access:https://doi.org/10.1057/s41599-025-04476-w
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author Juan A. Martínez-Román
Javier Gamero
Juan A. Tamayo
María de Loreto Delgado-González
author_facet Juan A. Martínez-Román
Javier Gamero
Juan A. Tamayo
María de Loreto Delgado-González
author_sort Juan A. Martínez-Román
collection DOAJ
description Abstract The literature on organizational ambidexterity emphasizes the complex relationship between the balance of exploitation and exploration and its impact on performance. However, the empirical research, while granting special attention to the study of types of ambidexterity and factors conditioning this phenomenon, has largely neglected to analyze balance. Our study is novel in tackling two knowledge gaps in the literature on organizational ambidexterity: the absence of quantitative analyses to pinpoint the optimal exploration–exploitation balance, and the lack of attention paid to the effect of risk on this optimal balance and on organizational ambidexterity in general. In order to address these knowledge gaps, the paper analyzes the technological exploitation-exploration relationship in conditions of uncertainty and the balance that maximizes Value at Risk (VaR) of firm growth. The methodology includes the elaboration of VaR, using the expected value and degree of dispersion in firm growth, and the combination of quantitative methods for hypothesis testing. Results obtained from a sample of 87,911 European firms from all sectors confirm the positive effect on the growth of harmonious efforts in exploration and exploitation, determining technological balance according to an organization’s risk-taking. The findings are relevant to theory and decision-making by managers and policymakers.
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spelling doaj-art-7366608e5b5f496e93e4eb6dd79b39ee2025-08-20T03:10:50ZengSpringer NatureHumanities & Social Sciences Communications2662-99922025-02-0112111210.1057/s41599-025-04476-wEmpirical analysis of the technological exploration–exploitation balance and its impact on organizational performance under uncertaintyJuan A. Martínez-Román0Javier Gamero1Juan A. Tamayo2María de Loreto Delgado-González3Department of Applied Economics I, Faculty of Economics and Business Sciences, University of SevilleDepartment of Applied Economics I, Faculty of Economics and Business Sciences, University of SevilleDepartment of Business Administration and Marketing, Faculty of Economics and Business Sciences, University of SevilleDepartment of Applied Economics I, Faculty of Economics and Business Sciences, University of SevilleAbstract The literature on organizational ambidexterity emphasizes the complex relationship between the balance of exploitation and exploration and its impact on performance. However, the empirical research, while granting special attention to the study of types of ambidexterity and factors conditioning this phenomenon, has largely neglected to analyze balance. Our study is novel in tackling two knowledge gaps in the literature on organizational ambidexterity: the absence of quantitative analyses to pinpoint the optimal exploration–exploitation balance, and the lack of attention paid to the effect of risk on this optimal balance and on organizational ambidexterity in general. In order to address these knowledge gaps, the paper analyzes the technological exploitation-exploration relationship in conditions of uncertainty and the balance that maximizes Value at Risk (VaR) of firm growth. The methodology includes the elaboration of VaR, using the expected value and degree of dispersion in firm growth, and the combination of quantitative methods for hypothesis testing. Results obtained from a sample of 87,911 European firms from all sectors confirm the positive effect on the growth of harmonious efforts in exploration and exploitation, determining technological balance according to an organization’s risk-taking. The findings are relevant to theory and decision-making by managers and policymakers.https://doi.org/10.1057/s41599-025-04476-w
spellingShingle Juan A. Martínez-Román
Javier Gamero
Juan A. Tamayo
María de Loreto Delgado-González
Empirical analysis of the technological exploration–exploitation balance and its impact on organizational performance under uncertainty
Humanities & Social Sciences Communications
title Empirical analysis of the technological exploration–exploitation balance and its impact on organizational performance under uncertainty
title_full Empirical analysis of the technological exploration–exploitation balance and its impact on organizational performance under uncertainty
title_fullStr Empirical analysis of the technological exploration–exploitation balance and its impact on organizational performance under uncertainty
title_full_unstemmed Empirical analysis of the technological exploration–exploitation balance and its impact on organizational performance under uncertainty
title_short Empirical analysis of the technological exploration–exploitation balance and its impact on organizational performance under uncertainty
title_sort empirical analysis of the technological exploration exploitation balance and its impact on organizational performance under uncertainty
url https://doi.org/10.1057/s41599-025-04476-w
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AT juanatamayo empiricalanalysisofthetechnologicalexplorationexploitationbalanceanditsimpactonorganizationalperformanceunderuncertainty
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