摘要:This article extends the current research on innovation by investigating the relationshipbetween innovative capabilities and export firms’ overall performance.From the perspectives of the resource-based view (RBV) and dynamic capability,we examine the differential and interactive effects of exploration and exploitationcapabilities in product innovation for external markets and overall performance(direct and mediated by a new product). In addition, we test the moderatingeffect of market dynamism and the controlling effect of firm size on these relationships.Hence, the main contribution of this article is developing and empiricallytesting an original model, by combining these constructs that address newrelationships, in an emerging country. This model was tested with data from498 Brazilian export firms, distributed throughout all Brazilian manufacturingsectors, by firm size, and in states. The analysis was made with application ofthe structural equation modeling (SEM). As a result, we found support for theassumptions that exploitation capabilities influence product innovation andoverall performance, whereas exploration capabilities and their interaction toexploitation capabilities influence overall performance, but not product innovation.Additionally, the relationship between exploitation capabilities and overallperformance is mediated by product innovation. Unlike hypothesized, marketdynamism does not moderate the relationship between product innovation andoverall performance. Furthermore, firm size works as a controlling variable inthe relationships analyzed. Regarding the implications for theory, this study contributesto grasp that exploitation capabilities influences a firm’s overall performance,both directly and indirectly (via product innovation), and highlights thevarious direct and mediatory effects of innovation on overall performance. These insights show the importance of considering the role of mediating and moderatingvariables in theory and research models that address the determinants of overall performance to avoid overestimation of certain constructs. Finally, the paperprovides original empirical support for the hypothesis of the interdependency of product innovations for external markets and overall performance.
其他摘要:This article extends the current research on innovation by investigating the relationshipbetween innovative capabilities and export firms’ overall performance.From the perspectives of the resource-based view (RBV) and dynamic capability,we examine the differential and interactive effects of exploration and exploitationcapabilities in product innovation for external markets and overall performance(direct and mediated by a new product). In addition, we test the moderatingeffect of market dynamism and the controlling effect of firm size on these relationships.Hence, the main contribution of this article is developing and empiricallytesting an original model, by combining these constructs that address newrelationships, in an emerging country. This model was tested with data from498 Brazilian export firms, distributed throughout all Brazilian manufacturingsectors, by firm size, and in states. The analysis was made with application ofthe structural equation modeling (SEM). As a result, we found support for theassumptions that exploitation capabilities influence product innovation andoverall performance, whereas exploration capabilities and their interaction toexploitation capabilities influence overall performance, but not product innovation.Additionally, the relationship between exploitation capabilities and overallperformance is mediated by product innovation. Unlike hypothesized, marketdynamism does not moderate the relationship between product innovation andoverall performance. Furthermore, firm size works as a controlling variable inthe relationships analyzed. Regarding the implications for theory, this study contributesto grasp that exploitation capabilities influences a firm’s overall performance,both directly and indirectly (via product innovation), and highlights thevarious direct and mediatory effects of innovation on overall performance. These insights show the importance of considering the role of mediating and moderatingvariables in theory and research models that address the determinants of overall performance to avoid overestimation of certain constructs. Finally, the paperprovides original empirical support for the hypothesis of the interdependency of product innovations for external markets and overall performance.