Wilden, R, Hohberger, J, Devinney, TM orcid.org/0000-0002-4867-1861 et al. (1 more author) (2018) Revisiting James March (1991): Whither Exploration and Exploitation. Strategic Organization, 16 (3). pp. 352-369. ISSN 1476-1270
Abstract
We revisit March’s seminal 1991 article, “Exploration and exploitation in organizational learning”, and analyze the impact it has had on scholarly thinking, providing a comprehensive and structured review of the extensive and diverse research inspired by this publication. We show that although this influence has changed significantly over the years, there are still unexplored opportunities left by this seminal work. Our approach enables us to identify promising directions for future research that reinforce the themes anchored in March’s article. In particular, we call for reconnecting current research to the behavioral roots of this article and uncovering the microfoundations of exploration and exploitation. Our analysis further identifies opportunities for integrating this framework with resource-based theories and considering how exploration and exploitation can be sourced and integrated within and across organizational boundaries. Finally, our analysis reveals prospects for extending the notions of exploration and exploitation to new domains, but we caution that such domains should be clearly delineated. We conclude with a call for further research on the antecedents of exploration and exploitation and for studying their underexplored dimensions.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © The Authors 2018. This is an author produced version of a paper published in Strategic Organization. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | ambidexterity, bibliometric analysis, exploration, exploitation, James March, Leximancer, organizational learning, text mining |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > International Business Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 23 Feb 2018 11:56 |
Last Modified: | 27 Jul 2018 13:42 |
Status: | Published |
Publisher: | SAGE |
Identification Number: | 10.1177/1476127018765031 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:127849 |