Group-level exploration and exploitation: A computer simulation-based analysis

JASSS

Volumn 14, Issue 4, 2011, Pages

  Kunz, Jennifer ^a  

^a Grueneburgplatz 1 D 60323   (Germany)

Author keywords

Experience Based Learning; Exploitation; Exploration; Genetic Algorithms; Knowledge Management; Organisational Learning

Indexed keywords

EID: 81355164383     PISSN: 14607425     EISSN: None     Source Type: Journal    
DOI: 10.18564/jasss.1798     Document Type: Review

References (60)

1. AUH, S and Menguc, B (2005) Balancing exploration and exploitation: The moderating role of competitive intensity. Journal of Business Research, 58. pp. 1652-1661. [doi:10.1016/j.jbusres.2004.11.007]
2. AXELROD, R (1997) Advancing the Art of Simulation in the Social Sciences. In Conte R, Hegselmann R and Terno P (Eds.). Simulating Social Phenomena. Berlin et al.: Springer. pp. 21-40
3. BABUJI, H and Crossan, M M (2004) From Questions to Answers: Reviewing Organizational Learning Research. Management Learning, 35 (4). pp. 397-417. [doi:10.1177/1350507604048270]
4. BELDERBOS, R, FAEMS, D, LETEN, B and VAN LOOY, B (2010) Technological Activities and Their Impact on the Financial Performance of the Firm: Exploitation and Exploration within and between Firms. Journal of Product Innovation Management, 27. pp. 869-882. [doi:10.1111/j.1540-5885.2010.00757.x]
5. BENNER, M J and Tushman, M L (2003) Exploitation, Exploration, and Process Management: The Productivity Dilemma Revisited. Academy of Management Review, 28 (2). pp. 238-256.
6. BONABEAU, E (2002) Agent-Based modeling: Methods and Techniques for Simulating Human Systems. Proceedings of the National Academy of Sciences, 99 (10). pp. 7280-7287.
7. BOOKER, L (1987) Improving Search in Genetic Algorithms. In Davis, L (Ed.), Genetic Algorithms and Simulated Annealing (61-73). Los Altos: Morgan Kaufmann Publishers.
8. BOWER, G H and Hilgard, E R (1998) Theories of Learning, 5th edition. New Jersey: Prentice-Hall.
9. BROWN, J S and Duguid, P (1991) Organizational Learning and Communities-of-Practice: Toward a Unified View of Working, Learning, and Innovation. Organization Science, 2 (1). pp. 40-57. [doi:10.1287/orsc.2.1.40]
10. CARLEY, K (1992) Organizational Learning and Personnel Turnover. Organization Science, 3 (1). pp. 20-46. [doi:10.1287/orsc.3.1.20]
11. CHATTOE, E (1998) Just How (Un)realistic are Evolutionary Algorithms as Representations of Social Processes? Journal of Artificial Societies and Social Simulation 1 (3) http://www.soc.surrey.ac.uk/JASSS/1/3/2.html.
12. COHEN, M D and Bacdayan, P (1994) Organizational Routines Are Stored as Procedural Memory: Evidence from a Laboratory Study. Organization Science, 5 (4). pp. 554-568. [doi:10.1287/orsc.5.4.554]
13. COHEN, W M and Levinthal, D A (1990) Absorptive Capacity: A New Perspective on Learning and Innovation. Administrative Science Quarterly, 35. pp. 128-152.
14. CYERT, R M and March, J G (1963) A Behavioral Theory of the Firm. Englewood Cliffs: Prentice Hall.
15. DAWID, H and Kopel, M (1998) On Economic Applications of the Genetic Algorithm: A Model of the Cobweb Type. Journal of Evolutionary Economics, 8. pp. 297-315. [doi:10.1007/s001910050066]
16. EPSTEIN, J M (1999) Agent-Based Computational Models and Generative Social Science. Complexity, 4 (5). pp. 41-60. [doi:10.1002/(SICI)1099-0526(199905/06)4:5<41::AID-CPLX9>3.0.CO;2-F]
17. ESPEDAL, B (2006) Do Organizational Routines Change as Experience Changes? Journal of Applied Behavioral Science, 42 (4). pp. 468-490. [doi:10.1177/0021886306291601]
18. ESPEDAL, B (2008) In the Pursuit of Understanding How to Balance Lower and Higher Order Learning in Organizations. Journal of Applied Behavioral Science, 44. pp. 365-390. [doi:10.1177/0021886308319717]
19. FANG, C, LEE, J, SCHILLING, M A (2010) Balancing Exploration and Exploitation Through Structural Design: The Isolation of Subgroups and Organizational Learning. Organization Science, 21 (3). pp. 625-642. [doi:10.1287/orsc.1090.0468]
20. FELDMAN, M S (2000) Organizational Routines as a Source of Continuous Change. Organization Science, 11 (6). pp. 611-629. [doi:10.1287/orsc.11.6.611.12529]
21. FELDMAN, M S and Pentland, B T (2003) Reconceptualizing Organizational Routines as a Source of Flexibility and Change. Administrative Science Quarterly, 48. pp. 94-118.
22. GILBERT, A H, Bell F and Valenzuela C L (1995) Adaptive Learning of Process Control and Profit Optimization Using a Classifier System. Evolutionary Computation, 3 (2). pp. 177-198. [doi:10.1162/evco.1995.3.2.177]
23. GILBERT, G N and Terna, P (2000) How to Build and Use Agent-Based Models in Social Science. Mind & Society, 1 (1). pp 57-72. [doi:10.1007/BF02512229]
24. GILBERT, G N and Troitzsch, K G (1999) Simulation for the Social Scientist. Buckingham, Philadelphia: Open University Press.
25. GREVE, H R (2007) Exploration and Exploitation in Product Innovation. Industrial and Corporate Change, 16 (5). pp. 945-975. [doi:10.1093/icc/dtm013]
26. GUPTA, A K, Smith, K G and Shalley, C E (2006) The Interplay between Exploration and Exploitation. Academy of Management Journal, 49 (2). pp. 693-706.
27. HE, Z L and Wong, P K (2004) Exploration vs. Exploitation: An Empirical Test of Ambidexterity Hypothesis. Organization Science, 15 (4). pp. 481-494. [doi:10.1287/orsc.1040.0078]
28. HERRIOTT, S R, Levinthal, D and March, J G (1985) Learning from Experience in Organizations. American Economic Review, 75 (2). pp. 298-302.
29. HODGSON, G M, and Knudsen, T (2006) Balancing Inertia, Innovation, and Imitation in Complex Environments. Journal of Economic Issues, XL (2). pp. 287-295.
30. HOLLAND, J H (1973) Genetic Algorithms and the Optimal Allocation of Trials. SIAM Journal of Computing, 2 (2). pp. 88-105. [doi:10.1137/0202009]
31. HOLLAND, J H (1995) Hidden Order: How Adaptation Builds Complexity. Reading: Perseus Books.
32. HOLMQVIST, M (2004) Experiential Learning Processes of Exploitation and Exploration Within and Between Organizations: An Empirical Study of Product Development. Organization Science, 15 (1). pp. 70-81. [doi:10.1287/orsc.1030.0056]
33. JANSEN, J J P, Van den Bosch, F A J and Volberda, H W (2006) Exploratory Innovation, Exploitative Innovation, and Performance: Effects of Organizational Antecedents and Environmental Moderators. Management Science, 52 (11). pp. 1661-1674. [doi:10.1287/mnsc.1060.0576]
34. KENNEDY, J and Eberhart, R C (2001) Swarm Intelligence. San Francisco: Morgan Kaufmann Publishers.
35. LANT, T K and Mezias, S J (1992) An Organizational Learning Model of Convergence and Reorientation. Organization Science, 3 (1). pp. 47-71. [doi:10.1287/orsc.3.1.47]
36. LAVIE, D and Rosenkopf, L (2006) Balancing Exploration and Exploitation in Alliance Formation. Academy of Management Journal, 49 (4). pp. 797-818. [doi:10.5465/AMJ.2006.22083085]
37. LAZER, D and Friedman, A (2007) The Network Structure of Exploration and Exploitation. Administrative Science Quarterly, 52. pp. 667-694.
38. LEE, D J and Ahn, J H (2007) Reward Systems for Intraorganizational Knowledge Sharing. European Journal of Operational Research, 180. pp. 938-956. [doi:10.1016/j.ejor.2006.03.052]
39. LEVINTHAL, D A and March J G (1993) The Myopia of Learning. Strategic Management Journal, 14. pp. 95-112.
40. LEVITT, B and March, J G (1988) Organizational Learning. Annual Review of Sociology, 14. pp. 319-340.
41. LI, Y, Vanhaverbeke, W and Schoenmakers, W (2008) Exploration and Exploitation in Innovation: Reframing the Interpretation. Creativity and Innovation Management, 17 (2). pp. 107-126. [doi:10.1111/j.1467-8691.2008.00477.x]
42. MARCH, J G (1991) Exploration and Exploitation in Organizational Learning. Organization Science, 2 (1). pp. 71-87. [doi:10.1287/orsc.2.1.71]
43. MARCH, J G and Olsen, J P (1975) The Uncertainty of the Past: Organizational Learning under Ambiguity. European Journal of Political Research, 3. pp. 147-171. [doi:10.1111/j.1475-6765.1975.tb00521.x]
44. MILLER, K D, Zhao, M and Calantone, R J (2006) Adding Interpersonal Learning and Tacit Knowledge to March's Exploration-Exploitation Model. Academy of Management Journal, 49 (4). pp. 709-722. [doi:10.5465/AMJ.2006.22083027]
45. MOM, T J M, Van Den Bosch, F A J and Volberda, H W (2007) Investigating Managers' Exploration and Exploitation Activities: The Influence of Top-Down, Bottom-Up, and Horizontal Knowledge Inflows. Journal of Management Studies, 44 (6). pp. 910-931. [doi:10.1111/j.1467-6486.2007.00697.x]
46. REAGANS, R and McEvily, B (2003) Network Structure and Knowledge Transfer: The Effects of Cohesion and Range. Administrative Science Quarterly, 48. pp. 240-267.
47. REN, Y, Carley, K M and Argote, L (2006) The Contingent Effects of Transactive Memory: When Is It More Beneficial to Know What Others Know? Management Science, 52 (5). pp. 671-682. [doi:10.1287/mnsc.1050.0496]
48. RIVKIN, J W and Siggelkow, N (2003) Balancing Search and Stability: Interdependencies among Elements of Organizational Design. Management Science, 49 (3). pp. 290-311. [doi:10.1287/mnsc.49.3.290.12740]
49. RODAN, S (2005) Exploration and Exploitation Revisited: Extending March's Model of Mutual Learning. Scandinavian Journal of Management, 21 (4). pp. 407-428. [doi:10.1016/j.scaman.2005.09.008]
50. ROTHAERMEL, F T (2001) Incumbent's Advantage through Exploiting Complementary Assets via Interfirm Cooperation. Strategic Management Journal, 22 (6-7). pp. 687-699. [doi:10.1002/smj.180]
51. SIDHU, J S, Volberda, H W and Commandeur, H R (2004) Exploring Exploration Orientation and its Determinants: Some Empirical Evidence. Journal of Management Studies, 41. pp. 913-32. [doi:10.1111/j.1467-6486.2004.00460.x]
52. SIDHU, J S, Commandeur, H R and Volberda, H W (2007) The Multifaceted Nature of Exploration and Exploitation: Values of Supply, Demand, and Spatial Search for Innovation. Organization Science, 18 (1). pp. 20-38. [doi:10.1287/orsc.1060.0212]
53. SIGGELKOW, N and Levinthal, D A (2003) Temporarily Divide to Concur: Centralized, Decentralized, and Reintegrated Organizational Approaches to Exploration and Adaptation. Organization Science, 14 (6). pp. 650-669.
54. SIGGELKOW, N and Rivkin, J W (2006) When Exploration Backfires: Unintended Consequences of Multilevel Organizational Search. Academy of Management Journal, 49 (4). pp. 779-795. [doi:10.5465/AMJ.2006.22083053]
55. SIMON, H A (1977) The New Science of Management Decision, Revised Version. New York: Prentice-Hall.
56. SIMON, H A (1991) Bounded Rationality and Organizational Learning. Organization Science, 2. pp. 125-134.
57. TAYLOR, A and Greve, H R (2006) Superman or the Fantastic Four? Knowledge Combination and Experience in Innovative Teams. Academy of Management Journal, 49 (4). pp. 723-740. [doi:10.5465/AMJ.2006.22083029]
58. THOMPSON, J D (1967) Organizations in Action. New York: McGraw-Hill Companies.
59. TUSHMAN, M L and O'Reilly, C (1996) Ambidextrous Organizations: Managing Evolutionary and Revolutionary Change. California Management Review, 38 (4). pp. 8-30.
60. UOTILA, J, Maula, M, Keil, T and Zahra, S A (2009) Exploration, Exploitation, and Financial Performance: Analysis of S&P 500 Corporations. Strategic Management Journal, 30, pp. 221-231