Examining exploration/exploitation along the innovation process in a network: Insights from a case HYGTECH

Leena Aarikka-Stenroos, Chris Medlin, Jan-Åke Törnroos, Tiina Mäkitalo-Keinonen

    Research output: Chapter in Book/Conference proceedingConference contributionProfessional


    Innovations are increasingly developed and commercialized within networks. However, few firms have the capability to manage by themselves throughout the entire innovation process; from visioning and developing to commercializing. Therefore this study analyzes the process of how divergent collaborative organizations explore and exploit their resources along the innovation process comprising visioning, developing and commercializing in order to achieve their goal, a successful innovation.By building a framework for the exploitation/ exploration process of visioning, developing and commercializing new innovative solutions in an extensive complex network and by conducting a longitudinal case comprising a network of over 20 firms this study generates contribution to both network and innovation research.

    KEY WORDS: Innovation, innovation process, network, exploration-exploitation,market visioning, research and development, commercialization

    Original languageUndefined/Unknown
    Title of host publicationProceedings of the 31st Annual IMP Conference, Kolding, Denmark
    EditorsClarke Anne, Freytag Per, Munksgaard Kristin
    PublisherIndustrial Marketing & Purchasing Group
    Publication statusPublished - 2015
    MoE publication typeD3 Professional conference proceedings


    • B2B
    • Innovation process
    • Network process
    • innovations
    • networks

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