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.

chapter 101|6 pages

Ways in to the Text

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?