Business Administration 3300K Study Guide - Quiz Guide: Explicit Knowledge, Henk Volberda

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Moo session 8: investigating managers" exploration & exploitation. Activities: influence of knowledge inflow mom, vdbosch, volberda: introduction, firms are challenged to explore new possibilities while exploiting old certainties managers need to combine activities. Managers" exploration activities: searching for, discovering, creating, experimenting with new opportunities. Managers" exploitation activities: selecting, implementing, improving, refining existing certainties: paper purpose statement: how do top-down & bottom-up (vertical) and horizontal knowledge inflows of managers affect their exploration & exploitation activities? . 2. 1 exploration & exploitation at the manager level. Essence of exploration activities: creating variety in experience which is associated with broadening manager"s existing knowledge base. Essence of exploitation activities: creating reliability in experience which is associated with deepening a manager"s existing knowledge base. Hypothesis 1: top-down knowledge inflows of a manger will be positively related to the extent to which this manager engages in exploitation activities. Inflow is positively related to exploitation but unlikely to relate to exploration.

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