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Explore or exploit? How explorative and exploitative IT capabilities affect new product development process performance

delete2026-01-08
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PRE
AI
S
Sven Heidenreich *
E
Elena D. Denzer
S
Slawka Jordanow
DOI:10.1016/j.techfore.2025.124517delete
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Abstract

Abstract

En 中文
• We open the NPD black box: stage-specific payoffs of IT exploration and exploitation across concept, development, and implementation. • Exploration boosts performance most in implementation; exploitation boosts performance most in product development. • Environmental dynamism strengthens exploration's effect and weakens exploitation's effect consistently across NPD stages. • Response-surface analysis identifies a balanced, exploitation-leaning optimum; joint maximization shows diminishing returns, tighter downstream imbalance tolerance. • Strategic and practical guidance is provided to calibrate IT portfolios by stage and turbulence to maximize NPD performance.

Journal

Technological Forecasting and Social Change cover
Technological Forecasting and Social Change
IF:
13.3
Papers:
7.8K
Citations:
6.2W

Organization

S
Saarland University
Scholars:
8.7K
Papers: 6.8K
Citations: 1.3W