Abstract
The paper presents a learning model that explains the influence of four types of learning (i) conceptualization (ii) experimentation (iii) experience (iv) reflection learning, on the innovation performance of firms. Conceptualization and experience learning represent the competency of firms in developing scientific research and technological experience. Experimentation refers to the competency of firms to apply their scientific knowledge in practice for creating new technologies. Reflection is the extent to which firms have the ability to relate their technological experience back to science and draw lessons from it. Our results show that the competency of firms in conceptualization does not guarantee them valuable innovation. It is only by the application of scientific knowledge to the innovation process through experimentation and reflection that firms can transform their scientific competency into valuable innovation. One important research implication from the study is that firms need to be ambidextrous in experimentation and reflection learning as well as in using their experience learning in order to generate valuable innovation.
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