Journal Article


The impact of failure experience in product development on exploration, knowledge usage, and financial performance of the firm

Abstract

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.

Attached files

Authors

Su, Peiran

Oxford Brookes departments

Oxford Brookes Business School\Oxford Brookes Business School\Department of Business and Management

Dates

Year of publication: 2014
Date of RADAR deposit: 2018-09-19


Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License


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This RADAR resource is the Version of Record of The impact of failure experience in product development on exploration, knowledge usage, and financial performance of the firm

Details

  • Owner: Joseph Ripp
  • Collection: Outputs
  • Version: 1 (show all)
  • Status: Live