Hypothesis 4 predicts that a firm tends to compose its alliance portfolio ambidextrously when the resources are highly related to its partners, and configure it divergently when the relatedness is low.
When the partners' resources are less related, configuring an alliance portfolio ambidextrously is the best choice, as minimizing the coordination costs due to diverse partners is the main concern (Goerzen, 2005), although an excessive cognitive distance can endanger the appropriation capabilities of the focal firm (Nooteboom, 1999).
Hence, our findings imply that signaling in venture capital investing comprises (1) continuous investments to develop one's own expertise, (2) subsequent engagement in relationships with other VC partners in syndicate transactions, (3) the ability and willingness to reciprocate and act as lead investor subsequently, and (4) the capability to repeatedly make this effort of
ambidextrously managing networking resources and individual investments.
It worked perfectly well, but there are southpaws to consider and also those of us who like to be able to shoot
ambidextrously in an emergency without impediment.
In this regard, firms aim to
ambidextrously pursue both entrepreneurially oriented exploratory initiatives as well as more conservative initiatives that refine and exploit their existing knowledge (March, 1991; O'Reilly & Tushman, 2004; Raisch et al.
Notice that the letters ASTEROID are used exactly three times each and the remaining six letters BLMUXY of
AMBIDEXTROUSLY are used exactly two times each.
Most right-handed operators prefer it on the left side, but there is something to be said for a frontal placement to enable the operator to activate it
ambidextrously.
