We compare market returns associated with firms' creation of new units focused on e-business. Two aspects of organization design - governance and leadership - are considered with regard to exploitation - and exploration-oriented organization learning. We find that exploitation in governance (high centralization) is associated with a lower mean and variance in returns; that exploitation in leadership (appointment of outsiders) is associated with the same mean yet higher variance; and, among units exhibiting both modes of learning, the variance of returns are not equal.
| Identifer | oai:union.ndltd.org:MIT/oai:dspace.mit.edu:1721.1/30608 |
| Date | 13 January 2006 |
| Creators | Carroll, Timothy N., Hunter, Starling D. |
| Source Sets | M.I.T. Theses and Dissertation |
| Language | en_US |
| Detected Language | English |
| Type | Working Paper |
| Format | 293744 bytes, application/pdf |
| Relation | MIT Sloan School of Management Working Paper, 4563-05 |
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