Abstract
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.
Highlights
Developing a new product, service, or production process for commercial purposes involves complex and dynamic changes, and requires an organizational climate that fosters innovation [1]
We suggest distinguishing between exploitation; exploration; and development of both processes simultaneously
new technology-based firms (NTBFs) are micro-companies or small lessthan than5050 workers), whose purpose totechnology use technology to innovative create innovative products, whose purpose is toisuse to create products, systems systems or processes, so they need their workers to have the best competences for managing this type or processes, so they need their workers to have the best competences for managing this type of of technological knowledge
Summary
Developing a new product, service, or production process for commercial purposes involves complex and dynamic changes, and requires an organizational climate that fosters innovation [1]. The present study seeks to describe two conceptual frameworks and to apply them to the study of firms in the technology sector As these are knowledge-intensive firms, we can assess how the organizational climate can foster the processes of exploration, exploitation, and organizational ambidexterity, which in turn influence the renewal of internal and external competencies for new technology-based firms (NTBFs) in uncertain and dynamic environments [2]. Taking the organizational climate as a determinant of innovation capability, we focused on statements of the firm’s strategic management that describe the confluence of organizational climate and innovation capability This begins with how an organization supports the creation, application, and transfer of knowledge, which leads to the development or improvement of a product, service, or production process for commercial purposes while allowing the firm to better adapt to its environment [4]. For an organization to innovate, it needs creative staff that support and develop these innovations
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