Exploration and Exploitation

  • Rhee M
  • Kim T
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Abstract

Scholars have demonstrated substantial interest in the exploration–exploitation framework since the publication of March, James G. (born 1928) seminal paper in 1991. The notions of exploration and exploitation and the trade-offs between them are briefly...

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Rhee, M., & Kim, T. (2018). Exploration and Exploitation. In The Palgrave Encyclopedia of Strategic Management (pp. 543–546). Palgrave Macmillan UK. https://doi.org/10.1057/978-1-137-00772-8_388

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