ABSTRACT
Exploration and Exploitation is a key text for scholars and business practitioners interested in promoting economic well-being and sustainable growth. March’s work promotes the preservation of companies’ competitiveness and sustainability in the fluctuating market environment by maintaining a balance between exploration and exploitation processes. He explicates that this balance depends on the interchange between the adaptive capability of the company, predictability and consistency, competition, anticipations, level of risk, learning, socialization dynamics within the organization, and the overall environmental turbulence. These intricacies make March’s text invaluable.
TABLE OF CONTENTS
section 1|21 pages
Influences
module 1|5 pages
The Author and the Historical Context
module 2|6 pages
Academic Context
module 3|5 pages
The Problem
module 4|4 pages
The Author’s Contribution
section II|21 pages
Ideas
module 5|5 pages
Main Ideas
module 6|5 pages
Secondary Ideas
module 7|5 pages
Achievement
module 8|5 pages
Place in the Author’s Work
section III|22 pages
Impact
module 9|5 pages
The First Responses
module 10|6 pages
The Evolving Debate
module 11|5 pages
Impact and Influence Today
module 12|5 pages
Where Next?