Abstract: Abstract: Based on analyzingthe impact of explorative and exploitative technological learning on the innovation performance, the factors thatcould promote explorative and exploitativetechnological learning are illustrated. And then, though a big-sample questionnaire investigationand a structural equation model, the mechanism and path between organizational factors and two kinds of technological learning and therefore innovation performance were analyzed, and managerial implication was put forward.

Key words: explorative technological learning, exploitative technological learning, innovation performance, structural equation model