Warning: file_get_contents(https://eutils.ncbi.nlm.nih.gov/entrez/eutils/elink.fcgi?dbfrom=pubmed&id=32341610
&cmd=llinks): Failed to open stream: HTTP request failed! HTTP/1.1 429 Too Many Requests
in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 215
Deprecated: Implicit conversion from float 211.6 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Deprecated: Implicit conversion from float 211.6 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Deprecated: Implicit conversion from float 211.6 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Deprecated: Implicit conversion from float 211.6 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Deprecated: Implicit conversion from float 211.6 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Deprecated: Implicit conversion from float 211.6 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Deprecated: Implicit conversion from float 211.6 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Deprecated: Implicit conversion from float 211.6 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Deprecated: Implicit conversion from float 245.2 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Deprecated: Implicit conversion from float 245.2 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Warning: imagejpeg(C:\Inetpub\vhosts\kidney.de\httpdocs\phplern\32341610
.jpg): Failed to open stream: No such file or directory in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 117 J+Bus+Res
2020 ; 114
(ä): 227-239
Nephropedia Template TP
gab.com Text
Twit Text FOAVip
Twit Text #
English Wikipedia
Exploration and exploitation in crisis environment: Implications for level and
variability of firm performance
#MMPMID32341610
Osiyevskyy O
; Shirokova G
; Ritala P
J Bus Res
2020[Jun]; 114
(ä): 227-239
PMID32341610
show ga
Exploration and exploitation are two generic strategies of firms' adaptation to
their environments. However, the effectiveness and reliability of these
approaches are not fully understood when the business environment is undergoing a
major crisis. Building on organizational adaptation, strategic fit, and
organizational decline streams of literature, we develop a framework that
examines exploration and exploitation in crisis contexts. We argue that the
severity of crisis a firm is exposed to acts as a positive contingency for the
impact of exploration on firm performance level and variability, and as a
negative contingency for exploitation's level and variability effects. Employing
the multiplicative heteroscedasticity regression model on the data from 500
Russian SMEs, we test the proposed theoretical framework linking exploration and
exploitation activities to the distribution of firm performance under different
conditions of the firm-specific crisis severity. The results provide an improved
understanding of strategic management approaches under economic crises and
related turbulence.