In this paper we analyse the role of exploitation knowledge strategy to explain the relationship between social capital … significant indirect effect to bonding capital in incremental innovation through the development of a exploitation knowledge … networks to implement exploitation knowledge strategies, tend to develop more incremental innovations. …

We study how exploration versus exploitation innovations impact economic growth through a tractable endogenous growth … acquire new product lines and exploitation R&D to improve their existing product lines. We model and show empirically that … exploration R&D does not scale as strongly with firm size as exploitation R&D. The resulting framework conforms to many …