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Browsing Revistas Institucionales by Author "Acevedo, Juan"
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Item Exploration and Exploitation in Latin American Firms: The Determinants of Organizational Ambidexterity and The Country Effect(Facultad de Economía y Negocios, Universidad Alberto Hurtado) Acevedo, Juan; Díaz-Molina, IvánIn this article, we explore the determinants of organizational ambidexterity across Latin American countries -Chile, Ecuador, and Peru- from innovation surveys of 2,786 manufacturing companies. The study introduces valuable information on ambidextrous organizations in emerging economies, contrasting to traditional literature frequently focusing on developed countries. Findings confirm the importance to measure ambidexterity in a multidimensional perspective, relating exploration to radical innovation, and breaking down exploitation into incremental exploitation, related to incremental innovation and repetitive exploitation related to operational efficiency. This work also finds that higher GDP per capita relates to higher exploration and exploitation ability of firms and supported our hypotheses that political and economic uncertainty of each country impact on organizational ambidexterity. Additionally, we expand on Diaz-Molina´s model (2018), on the relationship between strategic and operational absorptive capacity on ambidexterity by validating his findings across several countries and uncovering a positive interaction term between strategic and operational absorptive capacity when both impact on ambidexterity.Item The Role of Absorptive Capacity in Innovation and Productivity in Chilean Companies: An Adapted CDM Model Across Industries(Facultad de Economía y Negocios, Universidad Alberto Hurtado) Acevedo, Juan; Díaz-Molina, IvánDrawing on an adapted CDM model, we present evidence on the role of strategic and operational absorptive capacity on innovation and productivity across industries in developing economies. Using a pooled cross-sectional sample from Chilean innovation surveys, we find that greater absorptive capacity (ACAP) helps firms to increase their innovative investment and the probability of producing technological innovations, which then increases firms’ labor productivity. Additionally, the effect of the strategic dimension is stronger than the operational dimension aspect, which means that the strategy of reaching these external sources might be more important than the skill of a firm´ internal units to acquire and transform external information. We find that while strategic ACAP is a stronger predictor of investment and technological innovation in both manufacturing and services companies, but operational ACAP has differing effects.