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Ambidexterity Of Business Organizations For Continuous Learning And Innovation

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  • Mihai TIMUȘ

    ("Åžtefan cel Mare" University of Suceava, Romania)

  • Aurel BURCIU

    ("Åžtefan cel Mare" University of Suceava, Romania)

Abstract

The ambidexterity of business organizations is their ability to balance and integrate exploration and exploitation processes for innovation and lifelong learning. This duality is essential for firms' long-term survival, allowing them to compete in both mature markets and new technology areas where flexibility and autonomy are crucial. In this article we have illustrated a model of exploration (generation of explicit knowledge) and exploitation (application of tacit knowledge) for the continuous innovation of business organizations. There are, of course, in business organizations, many other elements that can be dealt with through organizational ambidexterity for implementing strategies and generating innovations. The current study refers to the ability of companies, through their decision-makers, to generate new knowledge (tacit/explicit conversion) and transform them into innovations exposed on the market.

Suggested Citation

  • Mihai TIMUȘ & Aurel BURCIU, 2024. "Ambidexterity Of Business Organizations For Continuous Learning And Innovation," The USV Annals of Economics and Public Administration, Stefan cel Mare University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 24(1(39)), pages 174-181, December.
    • Handle: RePEc:scm:usvaep:v:24:y:2024:i:1(39):p:174-181
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