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Duodu, B, Melagoda, D G and Rowlinson, S (2024) Innovation ambidexterity in construction firms: external knowledge antecedents and performance consequences. Construction Management and Economics, 42(06), 503–26.
- Type: Journal Article
- Keywords: Ambidexterity; construction firms; external knowledge; financial performance; open innovation;
- ISBN/ISSN: 0144-6193
- URL: https://doi.org/10.1080/01446193.2023.2279195
- Abstract:
Empirical evidence on the external knowledge search behaviour of construction firms and its effects on innovation ambidexterity (IA) and performance is limited. The purpose of this study is to examine the effects of external knowledge sources on IA and the mediating role of IA in the relationship between external knowledge sources and financial performance (FP) in construction firms. It tests the hypotheses developed using survey responses from management personnel in Hong Kong construction firms. The results indicate that knowledge from clients or suppliers has a significant effect on IA. Similarly, knowledge sourced from universities and research institutions has a significant positive impact on IA. However, only knowledge from clients directly affects FP. IA fully mediates the relationships between knowledge from clients, suppliers or universities and research institutions with FP but not the other three sources. While partly validating some existing studies, these findings also extend the current knowledge on the connection between external knowledge sources and IA. This shows how IA can translate external knowledge into financial outcomes, revealing the value of different knowledge sources for firms. The findings provide insights into how construction firms can direct their knowledge searches to enhance ambidexterity and financial outcomes. This study showed the importance of external collaborators for construction firms in achieving IA and FP. It contributes to the theory and practice on the antecedents and outcomes of IA in construction firms and the path-dependent processes to enhance FP through the use of external knowledge to simultaneously pursue exploratory and exploitative innovation.
Franz, B W and Olopade, J (2024) Exploring pathways to project success through project delivery team integration: a qualitative comparative analysis. Construction Management and Economics, 42(06), 564–81.
Gholipour, H F, Farzanegan, M R and Abu Al-Foul, M N (2024) House prices and labour productivity growth: Evidence from OECD countries. Construction Management and Economics, 42(06), 582–9.
Gunay, H B, O'Brien, W, Beausoleil-Morrison, I and Huchuk, B (2014) On adaptive occupant-learning window blind and lighting controls. Building Research & Information, 42(06), 739-56.
Lundgren, R, Kyrö, R and Olander, S (2024) The lifecycle impact and value capture of circular business models in the built environment. Construction Management and Economics, 42(06), 527–44.
Morgan, M and Cruickshank, H (2014) Quantifying the extent of space shortages: English dwellings. Building Research & Information, 42(06), 710-24.
Park, H, Meacham, B J, Dembsey, N A and Goulthorpe, M (2014) Integration of fire safety and building design. Building Research & Information, 42(06), 696-709.
Rovers, R (2014) New energy retrofit concept: ‘renovation trains’ for mass housing. Building Research & Information, 42(06), 757-67.
Short, C A, Noakes, C J, Gilkeson, C A and Fair, A (2014) Functional recovery of a resilient hospital type. Building Research & Information, 42(06), 657-84.
Signor, R, Love, P E D and Ballesteros-Pérez, P (2024) Detecting bid rigging in public auctions for procuring infrastructure projects: formulating the reference scenario for decision-making. Construction Management and Economics, 42(06), 545–63.
Stephan, A and Crawford, R H (2014) A comprehensive life cycle water analysis framework for residential buildings. Building Research & Information, 42(06), 685-95.
Stone, A, Shipworth, D, Biddulph, P and Oreszczyn, T (2014) Key factors determining the energy rating of existing English houses. Building Research & Information, 42(06), 725-38.