Exploration and Exploitation in US Technological Change

Technological Change and Technological Strategy

Group-Level Exploration and Exploitation

Organisational research has studied the tension between exploration and exploitation for years. In essence, this body of research agrees on the necessity of a balance between explorative and exploitative processes to prevent an organisation from falling into a learning trap. Thus, to enhance the active management of this balance in organisations, a deeper theoretical understanding of the factor...

On Evolutionary Exploration and Exploitation

Exploration and exploitation are the two cornerstones of problem solving by search. The common opinion about evolutionary algorithms is that they explore the search space by the (genetic) search operators, while exploitation is done by selection. This opinion is, however, questionable. In this paper we give a survey of diierent operators, review existing viewpoints on exploration and exploitati...

Exploration / Exploitation in Adaptive Recommender

Interactive information systems are often designed on the basis of little knowledge about users goals and about the final content of the information base. In addition users vary widely in their interests. This makes it useful to give such systems the ability to dynamically adapt to its users. Here we focus on ”recommending” systems that help a user navigate through the information system. In pa...

Balancing Exploration and Exploitation in Alliance Formation

Do firms balance exploration and exploitation in their alliance formation decisions and, if so, why and how? We argue that absorptive capacity and organizational inertia impose conflicting pressures for exploration and exploitation with respect to the value chain function of alliances, the attributes of partners, and partners’ network positions. Although path dependencies reinforce either explo...