著者

尾﨑 浩一

出版者

日本経営学会

雑誌

日本経営学会誌 (ISSN:18820271)

巻号頁・発行日

vol.51, pp.62-76, 2022-12-20 (Released:2023-12-23)

参考文献数

27

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This study focuses on the direction of “exploration” and “exploitation” of ambidextrous management to improve business performance under limited business resources in a market that requires policy-oriented “exploration” efforts, and set the research question as “What is the direction of firms' ambidextrous management efforts under limited business resources in the policy-oriented market?”. By focusing on Stadtwerke, small and medium-sized energy companies in Germany, which are precedent cases in a market-oriented toward full liberalization of energy retailing and the exploration of renewable energy, this study examines how to tackle “exploration” and “exploitation” to improve business performance. The analysis of the derived hypotheses shows that the company's performance can be improved by “exploration” and “exploitation”. The following conclusions (1) to (4) were obtained from the analysis of the derived hypotheses. (1) In a market that requires exploration despite limited management resources, the less effort is made into exploration, the lower the performance of the company is. (2) In a market that requires exploration despite limited management resources, the more imitatively a company follows the business efforts of a large-scale predecessor that is in the practical stage of successful exploration, the less likely it is to improve its performance. (3) In a market that requires exploration despite limited management resources, the more exploration efforts are made using technologies in the practical stage, the better the performance of the company in question is. (4) In a market that requires exploration despite limited management resources, efforts are made to explore advanced technologies, and the performance of the company in question becomes low. The contribution of this research is that by adding the perspective of “under the certain directional market environment” to the previous research on “ambidextrous management”, it is possible to show that even businesses with limited management resources can improve their performance by not only pursuing “exploitation” through the framework of their existing business but also by engaging in “exploration” using technologies that are in the practical stage.