This thesis addressed three questions regarding learning from failure: 1) How does firms’ failure experience influence their search activities? 2) How does firms’ failure experience affect their performance? and 3) How does firms’ exploration and exploitation influence the impact of failure on performance? Based on the theoretical lens of learning from failure, absorptive capacity, and exploration and exploitation, the series of longitudinal quantitative studies in this thesis revealed that firms’ failure experience negatively affects exploratory search, positively influences R&D performance, and exhibits a mixed blessing on firms’ financial performance. Boundary conditions of the relationships were discussed.
Oxford Brookes Business School\Oxford Brookes Business School\Department of Business and Management
Year of publication: 2014Date of RADAR deposit: 2018-09-19
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