RT Journal Article T1 Open search strategies and firm performance: The different moderating role of technological environmental dynamism A1 Cruz González, Jorge A1 López Sáez, Pedro A1 Navas López, José Emilio A1 Delgado Verde, Miriam AB Mainly driven by the rapid progress of the 'open innovation' paradigm, previous research has devoted considerable efforts in investigating how the degree of openness to external knowledge influences firms' innovation performance. However, much less is known about its impact on performance at the firm level. Moreover, the question of which open search strategy is more suitable depending on environmental features is unresolved. We focus on breadth and depth as two distinct open search strategies and claim that, besides their different benefits in terms of learning and innovation, it is also necessary to consider their costs. Based on survey data of 248 high-technology manufacturing Spanish firms, this study extends recent research about the context dependency of openness effectiveness by showing that the effect of these two open search strategies on perceived firm performance is contingent with technological environmental dynamism in a reverse fashion. While search breadth is found to be positively associated with performance in less technologically dynamic environments, it seems to hurt performance in more dynamic contexts. On the contrary, while search depth is found to have a positive effect on performance in highly technologically dynamic environments, it appears to harm firm performance in more stable contexts PB Elsevier SN 0166-4972 YR 2015 FD 2015 LK https://hdl.handle.net/20.500.14352/34217 UL https://hdl.handle.net/20.500.14352/34217 LA eng NO Ministerio de Ciencia e Innovación (MICINN) NO Ministerio de Economía y Competitividad (MINECO) NO Ministerio de Educación NO Programa de Ayudas para Estancias Breves del Programa de Formación de Profesorado Universitario 2011 DS Docta Complutense RD 10 jul 2025