What is it about?
Radical and incremental innovation could have different antecedents. The study analyzes how internal firm capabilities together with the benefits of the tourist district in which the firm is located can enhance innovation, with different combinations between these firms' internal and external capabilities.
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Why is it important?
The paper provides a better understanding of the relationship between firms’ exploration and exploitation capabilities in both radical and incremental innovation. Depending on the firm’s innovation strategy, intra-district firms should internally develop one type of specific knowledge capabilities and/or concentrate on managing and absorbing the shared capabilities in the destination.
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This page is a summary of: The interplay between firms’ internal and external capabilities in exploration and exploitation, Management Decision, July 2018, Emerald,
DOI: 10.1108/md-07-2016-0502.
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