ABSTRACT
This chapter focuses on dynamism at the individual level by investigating the dynamism of a manager’s direct internal and external surrounding environment as an antecedent of that manager’s exploration and exploitation activities. It introduces the relevant concepts and develops the conceptual model and hypotheses. The chapter identifies the data and the measures utilized in the study will be elucidated. After that, we will discuss how the analysis was done and the results achieved. It discusses implications for theory and management practice, and by reviewing limitations and interesting pathways for future research. Environmental dynamism refers to the amount and rate of change and to the unpredictability of change or the degree of instability of the surrounding environment. Regarding organizational antecedents, centralization-decentralization emerges most consistently in studies of the components of the organization structure and it plays a prominent role in studies on firm and unit level exploration and exploitation as well.
