Exploration and exploitation in crisis environment: Implications for level and variability of firm performance
Identifieur interne : 000504 ( Main/Exploration ); précédent : 000503; suivant : 000505Exploration and exploitation in crisis environment: Implications for level and variability of firm performance
Auteurs : Oleksiy Osiyevskyy [Canada] ; Galina Shirokova [Russie] ; Paavo Ritala [Finlande]Source :
- Journal of Business Research [ 0148-2963 ] ; 2020.
Abstract
Exploration and exploitation are generic environmental adaptation strategies. Adaptation strategies affect both level (mean) and variability of performance. Environmental context defines the implications of exploration and exploitation. In crisis, exploration improves firm performance while also making it less reliable. In crisis, exploitation reduces firm performance yet makes it more reliable.
Url:
DOI: 10.1016/j.jbusres.2020.04.015
PubMed: 32341610
PubMed Central: 7180043
Affiliations:
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Shirokova</name><affiliation wicri:level="1"><nlm:aff id="af010">Strategic and International Management Department, St. Petersburg University Graduate School of Management, Russia</nlm:aff><country xml:lang="fr">Russie</country><wicri:regionArea>Strategic and International Management Department, St. Petersburg University Graduate School of Management</wicri:regionArea><wicri:noRegion>St. Petersburg University Graduate School of Management</wicri:noRegion></affiliation></author><author><name sortKey="Ritala, Paavo" sort="Ritala, Paavo" uniqKey="Ritala P" first="Paavo" last="Ritala">Paavo Ritala</name><affiliation wicri:level="1"><nlm:aff id="af015">School of Business and Management, LUT University, Finland</nlm:aff><country xml:lang="fr">Finlande</country><wicri:regionArea>School of Business and Management, LUT University</wicri:regionArea><wicri:noRegion>LUT University</wicri:noRegion></affiliation></author></titleStmt><publicationStmt><idno type="wicri:source">PMC</idno><idno 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type="wicri:Area/Main/Curation">000504</idno><idno type="wicri:Area/Main/Exploration">000504</idno></publicationStmt><sourceDesc><biblStruct><analytic><title xml:lang="en" level="a" type="main">Exploration and exploitation in crisis environment: Implications for level and variability of firm performance</title><author><name sortKey="Osiyevskyy, Oleksiy" sort="Osiyevskyy, Oleksiy" uniqKey="Osiyevskyy O" first="Oleksiy" last="Osiyevskyy">Oleksiy Osiyevskyy</name><affiliation wicri:level="4"><nlm:aff id="af005">Haskayne School of Business, University of Calgary, 2500 University Dr NW, Calgary, AB T2N 1N4, Canada</nlm:aff><country xml:lang="fr">Canada</country><wicri:regionArea>Haskayne School of Business, University of Calgary, 2500 University Dr NW, Calgary, AB T2N 1N4</wicri:regionArea><orgName type="university">Université de Calgary</orgName><placeName><settlement type="city">Calgary</settlement><region type="state">Alberta</region></placeName></affiliation></author><author><name sortKey="Shirokova, Galina" sort="Shirokova, Galina" uniqKey="Shirokova G" first="Galina" last="Shirokova">Galina Shirokova</name><affiliation wicri:level="1"><nlm:aff id="af010">Strategic and International Management Department, St. Petersburg University Graduate School of Management, Russia</nlm:aff><country xml:lang="fr">Russie</country><wicri:regionArea>Strategic and International Management Department, St. Petersburg University Graduate School of Management</wicri:regionArea><wicri:noRegion>St. Petersburg University Graduate School of Management</wicri:noRegion></affiliation></author><author><name sortKey="Ritala, Paavo" sort="Ritala, Paavo" uniqKey="Ritala P" first="Paavo" last="Ritala">Paavo Ritala</name><affiliation wicri:level="1"><nlm:aff id="af015">School of Business and Management, LUT University, Finland</nlm:aff><country xml:lang="fr">Finlande</country><wicri:regionArea>School of Business and Management, LUT University</wicri:regionArea><wicri:noRegion>LUT University</wicri:noRegion></affiliation></author></analytic><series><title level="j">Journal of Business Research</title><idno type="ISSN">0148-2963</idno><idno type="eISSN">0148-2963</idno><imprint><date when="2020">2020</date></imprint></series></biblStruct></sourceDesc></fileDesc><profileDesc><textClass></textClass></profileDesc></teiHeader><front><div type="abstract" xml:lang="en"><title>Highlights</title><p><list list-type="simple" id="l0005"><list-item id="o0005"><label>•</label><p id="p0005">Exploration and exploitation are generic environmental adaptation strategies.</p></list-item><list-item id="o0010"><label>•</label><p id="p0010">Adaptation strategies affect both level (mean) and variability of performance.</p></list-item><list-item id="o0015"><label>•</label><p id="p0015">Environmental context defines the implications of exploration and exploitation.</p></list-item><list-item id="o0020"><label>•</label><p id="p0020">In crisis, exploration improves firm performance while also making it less reliable.</p></list-item><list-item id="o0025"><label>•</label><p id="p0025">In crisis, exploitation reduces firm performance yet makes it more reliable.</p></list-item></list></p></div></front><back><div1 type="bibliography"><listBibl><biblStruct><analytic><author><name sortKey="Abebe, M A" uniqKey="Abebe M">M.A. Abebe</name></author><author><name sortKey="Angriawan, A" uniqKey="Angriawan A">A. 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Zajac</name></author><author><name sortKey="Kraatz, M S" uniqKey="Kraatz M">M.S. Kraatz</name></author><author><name sortKey="Bresser, R K" uniqKey="Bresser R">R.K. Bresser</name></author></analytic></biblStruct><biblStruct><analytic><author><name sortKey="Zammuto, R F" uniqKey="Zammuto R">R.F. Zammuto</name></author><author><name sortKey="Cameron, K S" uniqKey="Cameron K">K.S. Cameron</name></author></analytic></biblStruct></listBibl></div1></back></TEI><affiliations><list><country><li>Canada</li><li>Finlande</li><li>Russie</li></country><region><li>Alberta</li></region><settlement><li>Calgary</li></settlement><orgName><li>Université de Calgary</li></orgName></list><tree><country name="Canada"><region name="Alberta"><name sortKey="Osiyevskyy, Oleksiy" sort="Osiyevskyy, Oleksiy" uniqKey="Osiyevskyy O" first="Oleksiy" last="Osiyevskyy">Oleksiy Osiyevskyy</name></region></country><country name="Russie"><noRegion><name sortKey="Shirokova, Galina" sort="Shirokova, Galina" uniqKey="Shirokova G" first="Galina" last="Shirokova">Galina Shirokova</name></noRegion></country><country name="Finlande"><noRegion><name sortKey="Ritala, Paavo" sort="Ritala, Paavo" uniqKey="Ritala P" first="Paavo" last="Ritala">Paavo Ritala</name></noRegion></country></tree></affiliations></record>Pour manipuler ce document sous Unix (Dilib)
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