Balancing Exploration and Exploitation by Creating Organizational Think Tanks

• Main Author: Puhan, Tatjana-Xenia (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Wiesbaden : Gabler, 2008.
• Subjects: Business.; Management.; Industrial management.; Business and Management.; Innovation/Technology Management.

Key for successful knowledge management is a balance between exploration and exploitation. Danger arises when exploration is neglected in favour of exploitation since that may result in an organization which lacks innovation capability. In order to prevent this, an idea has been put forward in recen...