2015
DOI: 10.1177/1476127015608337
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Organizational learning with forgetting: Reconsidering the exploration–exploitation tradeoff

Abstract: Prior exploration-exploitation models of organizational learning generally neglect forgetting. This study models organizational learning with forgetting and derives some novel implications. Most noteworthy, our findings point out limits to the contention that promoting rapid learning undermines long-run knowledge. Slower learning is not always better. When agents are subject to forgetting, raising the rate of interpersonal learning often enhances the diversity of beliefs within an organization, as well as the … Show more

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Cited by 32 publications
(40 citation statements)
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References 61 publications
(132 reference statements)
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“…The costs and efforts involved in storing and copying information are low (Whelan and Teigland, 2013 ). Organizational processes such as “Exploration and Exploitation” (March, 1991 ), which describes the search, acquisition and elaboration of new information, the intensive and excessive use of information, and the evaluation of information as an important resource, have led to a continuous increase in available and recallable stored knowledge (Blaschke and Schoeneborn, 2006 ; Miller and Martignoni, 2016 ).…”
Section: Organizational Learning and The Supplemental Need For Forgetmentioning
confidence: 99%
“…The costs and efforts involved in storing and copying information are low (Whelan and Teigland, 2013 ). Organizational processes such as “Exploration and Exploitation” (March, 1991 ), which describes the search, acquisition and elaboration of new information, the intensive and excessive use of information, and the evaluation of information as an important resource, have led to a continuous increase in available and recallable stored knowledge (Blaschke and Schoeneborn, 2006 ; Miller and Martignoni, 2016 ).…”
Section: Organizational Learning and The Supplemental Need For Forgetmentioning
confidence: 99%
“…In similar vein, Blaschke and Schoeneborn (2006) use the feature concerning two-step updating as a new construct “forgetting by an individual,” which turns a nonzero belief into a zero (cf. Miller and Martignoni, 2016).…”
Section: Replicating March’s (1991) Exploration–exploitation Modelmentioning
confidence: 99%
“…The NK model conceptualized the exploration–exploitation dilemma as that between distant and local search. However, the dilemma has also been considered to take many other forms, a fundamental one being the trade-off between knowledge diversity and rapid knowledge utilization (March, 1991; Miller and Martignoni, 2016). The mutual learning model is used to examine whether these results hold in the latter context.…”
Section: Resultsmentioning
confidence: 99%