their inward looking or exploitationʺ attitude in R&D and innovation. We argue that because of sunk costs and learning …. Among other things, this suggests that explorationʺ, which leads to the opening of new innovation trajectories, requires not …

Chapter 1. Introduction -- Chapter 2. Survey design and summary statistics -- Chapter 3. Innovation output -- Chapter 4 … how R&D management practices are associated with the success and the nature (explorative or exploitive) of innovation …, using a unique survey of firms in Japan. While there is wide agreement that innovation is a key determinant for growth of …