Long-term performance of individual- and group-level exploration and exploitation
By Jennifer Kunz, Goether University Frankfurt, Main

Research seminar organized by
Center for Strategic Management and Globalization (SMG)

Abstract: Organisational research has studied the tension between exploration and exploitation for years. In essence, this body of research agrees on the necessity of a balance between explorative and exploitative processes to prevent an organisation from falling into a learning trap. Thus, to enhance the active management of this balance in organisations, a deeper theoretical understanding of the factors that influence the development of exploration and exploitation has to be gained.

One of the recently discussed factors is the interplay between individual and group-level exploration and exploitation. This paper picks up this discussion. It provides an in-depth analysis of the different impacts of groups characterised by an interpersonal learning dimension in contrast to isolated individuals on long-term development and performance outcomes of exploration and exploitation under contingent aspects.

Research paper will be available here .