The present-day global environment requires different types of knowledge and capabilities for developing countries to 'catch up'. Technological capability and absorptive capacity still play an important role in building competitiveness at the firm level. The purpose of this paper is to show that...

The present-day global environment requires different types of knowledge and capabilities for developing countries to 'catch up'. Technological capability and absorptive capacity still play an important role in building competitiveness at the firm level. The purpose of this paper is to show that...

Exploration is both a risky activity and a key ingredient in the strategy of firms that strive for radical innovations. This paper investigates a dual facet of the exploratory component of R&D activities with regards to innovation failures: while exploration increases firms’ exposure to...