The purpose of this paper is to meet the challenge of modeling knowledge organization by introducing a new, unifying, way of thinking about the organization of knowledge. Building on ideas set forth in the behavioral theory of the firm we present a modeling framework in which the central idea is...

Examines the correlation between the exploration of new possibilities and the exploitation of old certainties in organizational learning. Also discusses the difficulty in balancing resource management between gaining new information about alternatives to improve future returns (i.e.,...