We extend March's model of exploration and exploitation to consider how environmental turbulence impacts organizational knowledge in hierarchies of varying size and depth. We then evaluate additional effects of a knowledge management (KM) system that collects and shares knowledge from expert...

Sheen S. Levine, Trish Gorman, and Michael J. Prietula study how corporate performance is affected by peer-to-peer sharing, instances when people supplement their knowledge by interacting with others. Popular wisdom holds that such interaction benefits performance unequivocally, but the authors...

James G. March conceived organizational learning as a balance between the exploration of new alternatives and the exploitation of existing competencies in an organization. This study extends earlier work by employing a computational simulation to evaluate the effect of additional tiers in a...

It is often presumed that knowledge exchange (or transfer) leads to distinctive advantages for firms. Amalgamating extensive qualitative data from knowledge-intensive sites and agent-based simulation, we model how individual agents, rather than organizational units or firms, search and exchange...

Sacred values, such as those associated with religious or ethnic identity, underlie many important individual and group decisions in life, and individuals typically resist attempts to trade-off their sacred values in exchange for material benefits. Deontological theory suggests that sacred...

The principles of open collaboration for innovation and production — once distinctive to open source software — are now found in many other ventures. Some of these ventures are internet-based: Wikipedia, online forums and communities; others are off-line, in medicine, science, and everyday...

When does knowledge transfer benefit performance? Combining field data from a global consulting firm with agent-based model, we examine how efforts to supplement one’s knowledge from co-workers interact with individual, organizational and environmental characteristics to impact organizational...

Norms play essential roles in regulating aspects of social behavior in groups. Viewed as quasi-formal rules that can “instruct strangers and convey to children” how to behave in specific situations from a particular groups’ perspective – norms are models of (situationally) correct...

A Behavioral Theory of the Firm presents a computational model of a duopoly that is based on observations of firm behavior and that incorporates a range of behavioral constructs. Because this model is starkly different from the traditional game theoretic analysis of duopoly, it useful to compare...