Revisiting Exploration and Exploitation: Temporal structuring for innovation at work

Raghu Garud, Marja Turunen, Arvind Karunakaran

Research output: Contribution to journalArticlepeer-review

Abstract

Classical views on organizing for innovation suggest that exploration and exploitation can be balanced in ambidextrous organizations by first separating and then integrating the two. In this paper, we argue that exploration and exploitation can be intertwined to foster ongoing, distributed innovation throughout an organization. To develop this argument, we draw on literature from design, inspired by Herbert Simon, and from narratives, inspired by Paul Ricœur, to expand upon classical organizational views rooted in a representational perspective. From the design literature, we theorize the role of Kairos, or the opportune moment. From narrative theory, we theorize the role of Aion, a circular notion of time. These two concepts of time complement Chronos, a linear notion of time around which organizations have traditionally been structured. Our core thesis is that actors’ ability to simultaneously engage in exploration and exploitation requires the structuring of all three notions of time. We then discuss the organizational implications of this thesis for innovation at work.

Original languageEnglish (US)
Article number26317877251346798
JournalOrganization Theory
Volume6
Issue number1
DOIs
StatePublished - Jan 1 2025

All Science Journal Classification (ASJC) codes

  • Strategy and Management
  • Organizational Behavior and Human Resource Management

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