Innovation Ambidexterity and Firm Performance: The Moderating Effects of Contextual Factors

The purpose of this paper is to assess the moderating effects of motivating and contextual factors on the relationship of innovation ambidexterity and firm performance. A theoretical framework was developed and tested using survey data from a sample of the Global University Entrepreneurial Spirit St...

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Bibliographic Details
Published in:Entrepreneurship research journal 2024-10, Vol.14 (4), p.2029-2066
Main Authors: Fragoso, Rui, Scazziota, Vanessa, Guerrazzi, Luiz, Quaresma, Rui, Casas Novas, Jorge
Format: Article
Language:English
Subjects:
ambidexterity
cognitive institutions
contextual factors
Entrepreneurship education
Financial performance
firm performance
GUESSS
moderating effects
normative institutions
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Summary:The purpose of this paper is to assess the moderating effects of motivating and contextual factors on the relationship of innovation ambidexterity and firm performance. A theoretical framework was developed and tested using survey data from a sample of the Global University Entrepreneurial Spirit Students’ Survey (GUESSS). The results suggest a positive effect of ambidexterity on firm performance, which is positively moderated by motivating factors, the number of co-owners and normative and cognitive institutions, such as power distance and university environment and program learning, respectively. The study provides important insights for policymakers to promote entrepreneurial education and clues for future research, as well as extends existing theory by offering insights on the moderator effects of individual and contextual factors on the relationship between ambidexterity and firm performance, assuming the benefits of the synergic effects of exploration and exploitation.
ISSN:2157-5665
2194-6175
2157-5665
DOI:10.1515/erj-2022-0138