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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 record nr: 115079
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