Asia Pacific Business Review , 01/01/2025

Exploration or exploitation? Rethinking innovation strategies through the lens of corporate entrepreneurship in Thailand

Yu Yu Chang, Chanakan Aruncharean, Akawut Jansom

Abstract

This study investigates how corporate entrepreneurship (CE) at the project team level enhances project performance via ambidextrous innovation in exploitative and explorative initiatives, and assesses environmental competitiveness’s moderating role. Survey data from Thai managers reveal that CE drives both innovation types, mediating project success. In highly competitive environments, explorative innovation’s importance increases, while exploitative innovation’s impact diminishes. The findings advance organizational ambidexterity and CE literature by elucidating how team-level entrepreneurial actions foster innovation and performance in dynamic settings, providing practical insights for firms in competitive markets.

Document Type

Article

Source Type

Journal

Keywords

Competitive dynamicscorporate entrepreneurshipinnovation strategyorganizational ambidexterityproject performanceThailand

ASJC Subject Area

Business, Management and Accounting : Business and International Management



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Citations (Scopus)

Bibliography


Chang, Y., Aruncharean, C., & Jansom, A. (2025). Exploration or exploitation? Rethinking innovation strategies through the lens of corporate entrepreneurship in Thailand. Asia Pacific Business Reviewdoi:10.1080/13602381.2025.2560398

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