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Cited by 308

The DOI matches its Crossref record; 17 of the 17 references it cites were found in a registry or an index.

Keep searching and you'll find: what do we know about variety creation through firms' search activities for innovation?

Open access
Laursen, K.·2012·Industrial and Corporate Change

Abstract

This article critically reviews and synthesizes the contributions found in theoretical and empirical studies of firm-level innovation search processes. It explores the advantages and disadvantages of local and non-local search, discusses organizational responses, and identifies potential exogenous triggers for different kinds of search. It argues that the initial focus on local search was a consequence, in part, of the attention in evolutionary economics to path-dependent behavior, but that as localized behavior was increasingly accepted as the standard mode, studies began to question whether local search was the best solution in all cases. More recently, the literature has focused on the trade-offs being created, by firms having to balance local and non-local search. We account also for the apparent “variety paradox” in the stylized fact that organizations within the same industry tend to follow different search strategies, but end up with very similar technological profiles in fast-growing technologies. The article concludes by highlighting what we have learnt from the literature and suggesting some new avenues for research.

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Crossref · 10.1093/icc/dts025

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Metadata

Authors
Laursen, K.
Venue
Industrial and Corporate Change
Published
2012-08-01
Volume
21
Issue
5
Pages
1181-1220
ISSN
  • 0960-6491 (ISSN-L)
  • 1464-3650
OpenAlex
W2095969932
Cited by
308
References
17
FWCI
40.18
Type
journal article
Language
en
Open access
green

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

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