Author: | Levinthal, D. March, J. |
Title: | The myopia of learning |
Journal: | Strategic Management Journal
1993 : WINTER, VOL. 14, p. 95-112 |
Index terms: | LEARNING STRATEGIC MANAGEMENT EXPECTATIONS |
Language: | eng |
Abstract: | Organizational learning has many virtues , virtues which recent writings in strategic management have highlighted. Learning processes, however, are subject to some important limitations. As is well-known, learning has to cope with confusing experience and the complicated problem of balancing the competing goals of developing new knowledge (i.e., exploring) and exploiting current competencies in the face of dynamic tendencies to emphasize one or the other. The authors examine the ways organizations approach these problems. |
SCIMA