As competition intensifies and the pace of change accelerates, firms are increasingly confronted with a tension between exploiting existing competencies and exploring new ones. Hence, previous literatures have increasingly argued that successful organizations are ambidextrous – they generate entrepreneurial rents through revolutionary and evolutionary change, or exploration and exploitation of entrepreneurial opportunities.
Jansen, Justin and George, Gerard
"SENIOR TEAMS AND ORGANIZATIONAL AMBIDEXTERITY: THE ROLE OF TRANSFORMATIONAL LEADERSHIP (SUMMARY),"
Frontiers of Entrepreneurship Research: Vol. 26
, Article 6.
Available at: http://digitalknowledge.babson.edu/fer/vol26/iss14/6