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Learning from experience is a central theme in the management literature. While in general experiential learning is viewed as efficacious, the literature increasingly points to the difficulties inherent in the learning process — many of which stem from a deficit of information about the merits...
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Replicating a successful template or best practice across time (temporal replication) or across a number of different economic settings (spatial replication) is an important strategy for organizational growth and performance improvement. In this paper, we use an NK landscape model to examine how...
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It is a central tenet in the literature on organizational change that firms need to explore novel courses of action in order to adapt and survive. Should firms thus exhibit a “pro-innovation bias” when evaluating novel decision alternatives? Or should firms rather assess new opportunities as...
Persistent link: https://www.econbiz.de/10010548170
A common justification for organizational change is that the circumstances in which the organization finds itself have changed, thereby eroding the value of utilizing existing knowledge. On the surface, the claim that organizations should adapt by generating new knowledge seems obvious and...
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