The impact of financial slack on explorative and exploitative knowledge sourcing from universities: evidence from the UK

Bruneel Johan; DEste Pablo; Salter Ammon

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The impact of financial slack on explorative and exploitative knowledge sourcing from universities: evidence from the UK

机译：资金短缺对大学探索性和剥削性知识获取的影响：来自英国的证据

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Some organizations use universities to explore new areas, whereas others turn to universities to exploit knowledge for immediate and practical gain. Drawing on the behavioral theory of the firm and the literature on university-industry collaboration, we examine how the level of financial slack available to a firm influences their level of explorative and exploitative knowledge sourcing from universities. We suggest that two types of proximity moderate this relationship: organizational and geographical. Using on a rich sample of university collaborators, we find-consistent with our expectations-that high levels of financial slack are associated with explorative knowledge sourcing, whereas low levels of slack are associated with exploitative knowledge sourcing. Our results also point out that organizational proximity can complement for the lack of financial slack in shaping explorative knowledge sourcing, while it can heightens the effects of low levels of financial slack on exploitative knowledge sourcing. In contrast, we find that geographical proximity plays a weaker moderating role compared to organizational proximity. We explore the implications of these findings for our understanding of university-industry collaboration.

机译：一些组织利用大学来探索新领域，而另一些组织则利用大学来挖掘知识以获取直接和实际的收益。利用企业的行为理论和大学与产业合作的文献，我们研究了企业可利用的财务闲置程度如何影响其从大学获取探索和开发知识的水平。我们建议通过两种接近度来缓和这种关系：组织和地理。通过使用大量大学合作者的样本，我们发现与我们的期望相符-高水平的财务懈怠与探索性知识采购相关，而低水平的懈怠与开发性知识采购相关。我们的研究结果还指出，组织接近可以弥补在探索性知识采购方面缺乏财务上的不足，同时也可以提高低水平财务上的不足对开发性知识采购的影响。相比之下，我们发现与组织接近度相比，地理接近度的调节作用较弱。我们探索这些发现对我们理解大学与产业合作的意义。

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《Industrial and Corporate Change》 |2016年第4期|共18页
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Bruneel Johan; DEste Pablo; Salter Ammon;
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机译：资金短缺对大学探索性和剥削性知识获取的影响：来自英国的证据
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3. The impact on innovation performance of different sources of knowledge: Evidence from the UK Community Innovation Survey [J] . Marion Frenz, Grazia letto-Gillies Research policy . 2009,第7期

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4. The Relationship between Financial Slack and Technological Innovation: Evidence from Henan Province in China [C] . Heping Zhong Proceedings of the International Conference on E-Business and E-Government . 2010

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The impact of financial slack on explorative and exploitative knowledge sourcing from universities: evidence from the UK

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