generalization Archives

Generalization and Exploration in Novel Environments

This study aims to highlight the generalization problem as a core challenge in organizational learning and strategic decision-making and explore how decision-makers may address this problem via different learning and choice strategies.…Read More

Jack of All Trades or Master of One: Specialization vs. Generalization in Business Models for Social Impact

We examine the assumptions that underlie our understanding of profit maximizing firms and test whether product/service scope has different implications for social impact creation. This has both theoretical and practical implications for business model innovation that aims to deliver both financial and social value.…Read More