Forward-looking External Search as a Driver for Innovation

An Empirical Analysis of the Value Contribution of Different Search Strategies for Corporate Foresight

Forward-looking External Search as a Driver for Innovation

An Empirical Analysis of the Value Contribution of Different Search Strategies for Corporate Foresight

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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.

Sara Polier does research on external and forward-looking search at the Institute of Technology and Innovation Management at Hamburg University of Technology, where she investigates the impact of search strategies in the context of corporate foresight.
ISBN 9783658261818
Artikelnummer 9783658261818
Medientyp E-Book - PDF
Copyrightjahr 2019
Verlag Springer Gabler
Umfang 322 Seiten
Sprache Englisch
Kopierschutz Digitales Wasserzeichen