Revisiting James March (1991): Whither exploration and exploitation?
نویسندگان
چکیده
منابع مشابه
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...
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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...
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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...
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as team members brainstorming or cultures experimenting with new technologies, problem solvers communicate and share ideas. This paper examines how the structure of communication networks among actors can affect system-level performance. We present an agent-based computer simulation model of information sharing in which the less successful emulate the more successful. Results suggest that when ...
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ژورنال
عنوان ژورنال: Strategic Organization
سال: 2018
ISSN: 1476-1270,1741-315X
DOI: 10.1177/1476127018765031