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Article

Relationship between Organizational Climate and Innovation Capability in New Technology-Based Firms

1
School of Business Sciences, Universidad del Pacífico, 15072 Lima, Peru
2
School of Accounting, Economic and Business Sciences, Universidad de Manizales, 170001 Manizales, Colombia
J. Open Innov. Technol. Mark. Complex. 2020, 6(2), 28; https://doi.org/10.3390/joitmc6020028
Received: 10 March 2020 / Revised: 13 April 2020 / Accepted: 16 April 2020 / Published: 24 April 2020
(This article belongs to the Special Issue Technology Driven Innovation, Research Management and Policy Making)
Successfully developing a new product, service, or production process for commercial purposes involves complex and dynamic changes, and therefore requires an organizational climate that fosters innovation. In this sense, the means by which knowledge is created and exploited in the firm constitute its key competence and the source of its innovation capabilities. The research objective was to establish the relationship between organizational climate and innovation capability. The sample consisted of 102 Colombian new technology-based firms. Partial least squares structural equation modeling (PLS-SEM) and PLSpredict were used for the statistical analysis. The results indicate that the organizational climate positively and directly influences the innovation capability (organizational ambidexterity, exploration, and exploitation). The findings obtained will help firms, especially those that require a lot of knowledge and carry out their activities in dynamic environments, to understand how organizational climate influences innovation capability, which is understood through the dimensions of exploration, exploitation, and organizational ambidexterity. This will provide new technology-based firms with a higher capacity to adapt to the conditions of uncertainty and complexity of the environment. View Full-Text
Keywords: organizational climate; innovation capability; exploration; exploitation; organizational ambidexterity; PLS-SEM organizational climate; innovation capability; exploration; exploitation; organizational ambidexterity; PLS-SEM
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MDPI and ACS Style

Acosta-Prado, J.C. Relationship between Organizational Climate and Innovation Capability in New Technology-Based Firms. J. Open Innov. Technol. Mark. Complex. 2020, 6, 28. https://doi.org/10.3390/joitmc6020028

AMA Style

Acosta-Prado JC. Relationship between Organizational Climate and Innovation Capability in New Technology-Based Firms. Journal of Open Innovation: Technology, Market, and Complexity. 2020; 6(2):28. https://doi.org/10.3390/joitmc6020028

Chicago/Turabian Style

Acosta-Prado, Julio César. 2020. "Relationship between Organizational Climate and Innovation Capability in New Technology-Based Firms" Journal of Open Innovation: Technology, Market, and Complexity 6, no. 2: 28. https://doi.org/10.3390/joitmc6020028

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