Competitive or Complementary? Exploration, Exploitation and Acquisitions in the Taiwanese Electronic Industry

摘要

The central concern of corporate strategy for high-tech firms has focused on the rational choice and appropriate balance between exploration and exploitation. This study applies the exploration vs. exploitation construct to examine (1) how different strategies affect exploration and exploitation when firms undertake mergers and acquisitions (M & As), and (2) how ambidextrous design alters associated results. This investigation of Taiwanese electronic and computer firms reveals that M & A strategy, structure and suited matches are decisive factors, and ambidextrous design is useful for simultaneously pursuing both activities.