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There is often said to be a tension between the two types of organizational learning activities, exploration and exploitation. The argument goes that the two activities are substitutes, competing for scarce resources when firms need different capabilities and management policies. We present...
Persistent link: https://www.econbiz.de/10010675958
The dynamic choice between individual and social learning is explored for a population of autonomous agents whose objective is to find solutions to a stream of related problems. The probability that an agent is in the individual learning mode, as opposed to the social learning mode, evolves over...
Persistent link: https://www.econbiz.de/10010678092
The continued importance of organizational learning has recently led to several calls for further developing the theory. This article addresses these calls by extending Crossan, Lane and White’s (1999) 4I model to include a fifth process, information foraging, and a fourth level, the tool. The...
Persistent link: https://www.econbiz.de/10010690289
Learning theories and their interpretations in management research recognize the role of reflection as a central element in the learning process. There also exists a broad consensus that organizational learning (OL) happens at three intertwined levels of the individual, the group and the...
Persistent link: https://www.econbiz.de/10011030536
Due to a growing public awareness, in the last 40 years environmental impacts of development projects financed and supported by the World Bank and the International Monetary Fund (IMF) have come into view. Since then, the member states have pressured both organizations to implement environmental...
Persistent link: https://www.econbiz.de/10010699639
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shares. We investigate how pharmaceutical firms use mergers and acquisitions to boost their innovation performance which has … successful in their innovation endeavours than firms with other goal orientation. Further, the firms’ prior acquisition … experience appears to aid their innovation performance. However, we found that target size can affect the post …
Persistent link: https://www.econbiz.de/10012502063
This paper studies learning within organizations when incentives change. We use a simple principal-agent model to show how, in the presence of imperfect information over the shape of the production function, worker's effort choice changes over time as information is disclosed and processed. We...
Persistent link: https://www.econbiz.de/10012497799
This paper studies learning within organizations when incentives change. We use a simple principal-agent model to show how, in the presence of imperfect information over the shape of the production function, worker's effort choice changes over time as information is disclosed and processed. We...
Persistent link: https://www.econbiz.de/10012317033