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ABSORPTIVE CAPACITY: A NEW PERSPECTIVE ON LEARNING AND INNOVATION
Discusses the notion that the ability to exploit external knowledge is crucial to a firm's innovative capabilities. In addition, it is argued that the ability to evaluate and use outside knowledge isExpand
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Innovation and Learning: The Two Faces of R&D
The authors assume that firms invest in R&D not only to generate innovations, but also to learn from competitors and extraindustry knowledge sources (e.g., university and government labs). ThisExpand
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The myopia of learning
Organizational learning has many virtues, virtues which recent writings in strategic management have highlighted. Learning processes, however, are subject to some important limitations. As isExpand
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Adaptation on rugged landscapes
A simple model is developed to explore the interrelationship between processes of organizational level change and population selection forces. A critical property of the model is that the effect onExpand
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Looking Forward and Looking Backward: Cognitive and Experiential Search
We used computer simulations to examine the role and interrelationship between search processes that are forward-looking, based on actors' cognitive map of action-outcome linkages, and those that areExpand
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A model of adaptive organizational search
A model of organizational change through adaptive search for new technologies is developed and explored. The model is in the tradition of behavioral models of organizational choice and learningExpand
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Modularity and Innovation in Complex Systems
TLDR
We develop a formal simulation model that allows us to carefully examine the dynamics of innovation and performance in complex systems. Expand
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Demand Heterogeneity and Technology Evolution: Implications for Product and Process Innovation
TLDR
We present a demand-based view of technology evolution that is focused on the interaction between technology development and the demand environment in which the technology is ultimately evaluated. Expand
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What Is Not A Real Option: Considering Boundaries for the Application of Real Options to Business Strategy
We argue that the greater the extent to which choice sets evolve as a consequence of firms' exploration activities, the less structured the firms' abandonment decisions become and, in turn, the lessExpand
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