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James G. March

Bio: James G. March is an academic researcher from Stanford University. The author has contributed to research in topics: Organizational learning & Politics. The author has an hindex of 72, co-authored 176 publications receiving 94815 citations. Previous affiliations of James G. March include Carnegie Mellon University & University of Bergen.


Papers
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Journal ArticleDOI
TL;DR: In this article, a model of organizational change through adaptive search for new technologies is developed and explored, in the tradition of behavioral models of organizational choice and learning associated with work by Winter, Nelson, and Radner, which permits the exploration of simultaneous organizational adaptation in search strategies, competences and aspirations under conditions of environmental instability and ambiguity.
Abstract: A model of organizational change through adaptive search for new technologies is developed and explored. The model is in the tradition of behavioral models of organizational choice and learning associated with work by Winter, Nelson, and Radner, It permits the exploration of simultaneous organizational adaptation in search strategies, competences, and aspirations under conditions of environmental instability and ambiguity. The model exhibits the extent to which variation in organizational behavior and performance reflect the distributional consequences of simple adaptation in ambiguous environments, as well as some adverse consequences of rapid learning.

1,197 citations

Journal ArticleDOI
TL;DR: In this article, the authors explore how organizations convert infrequent events into interpretations of history, and how they balance the need to achieve agreement on interpretations with the need of interpreting history correctly.
Abstract: Organizations learn from experience. Sometimes, however, history is not generous with experience. We explore how organizations convert infrequent events into interpretations of history, and how they balance the need to achieve agreement on interpretations with the need to interpret history correctly. We ask what methods are used, what problems are involved, and what improvements might be made. Although the methods we observe are not guaranteed to lead to consistent agreement on interpretations, valid knowledge, improved organizational performance, or organizational survival, they provide possible insights into the possibilities for and problems of learning from fragments of history.

1,124 citations

Book
01 Jan 1980

971 citations

Journal ArticleDOI
TL;DR: In this article, the authors examine some theoretical possibilities for assuming that individuals in organizations modify their understanding in a way that is intendedly adaptive even though faced with ambiguity about what happened, why it happened, and whether it is good.
Abstract: Classical theories of omniscient rationality in organizational decision-making have largely been replaced by a view of limited rationality, but no similar concern has been reflected in the analysis of organizational learning There has been a tendency to model a simple complete cycle of learning from unambiguous experience and to ignore cognitive and evaluative limits on learning in organizations This paper examines some theoretical possibilities for assuming that individuals in organizations modify their understanding in a way that is intendedly adaptive even though faced with ambiguity about what happened, why it happened, and whether it is good To develop a theory of learning under such conditions, we probably require ideas about information exposure, memory, and retrieval; learning incentives; belief structures; and the micro development of belief in organizations We exhibit one example by specifying a structural theory of the relations among liking, seeing, trusting, contact, and integration in an organization The argument is made that some understanding of factors affecting learning from experience will not only be important to the improvement of policy making in an organizational context, but also a necessary part of a theory of organizational choice

934 citations

Book
01 Jan 1988
TL;DR: The allocation of attention conflict in organizations adaptive rules decision making under authority is discussed in this article, where the authors propose an approach to deal with the conflict in adaptive rules under authority.
Abstract: The allocation of attention conflict in organizations adaptive rules decision making under authority

867 citations


Cited by
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Journal ArticleDOI
TL;DR: In this article, the authors draw on recent progress in the theory of property rights, agency, and finance to develop a theory of ownership structure for the firm, which casts new light on and has implications for a variety of issues in the professional and popular literature.

49,666 citations

Book ChapterDOI
TL;DR: In this article, the authors examined the link between firm resources and sustained competitive advantage and analyzed the potential of several firm resources for generating sustained competitive advantages, including value, rareness, imitability, and substitutability.

46,648 citations

Journal ArticleDOI
01 Feb 2009
TL;DR: In this paper, the authors describe the process of inducting theory using case studies from specifying the research questions to reaching closure, which is a process similar to hypothesis-testing research.
Abstract: Building Theories From Case Study Research - This paper describes the process of inducting theory using case studies from specifying the research questions to reaching closure. Some features of the process, such as problem definition and construct validation, are similar to hypothesis-testing research. Others, such as within-case analysis and replication logic, are unique to the inductive, case-oriented process. Overall, the process described here is highly iterative and tightly linked to data. This research approach is especially appropriate in new topic areas. The resultant theory is often novel, testable, and empirically valid. Finally, framebreaking insights, the tests of good theory (e.g., parsimony, logical coherence), and convincing grounding in the evidence are the key criteria for evaluating this type of research.

40,005 citations

Book ChapterDOI
TL;DR: In this paper, the authors argue that rational actors make their organizations increasingly similar as they try to change them, and describe three isomorphic processes-coercive, mimetic, and normative.
Abstract: What makes organizations so similar? We contend that the engine of rationalization and bureaucratization has moved from the competitive marketplace to the state and the professions. Once a set of organizations emerges as a field, a paradox arises: rational actors make their organizations increasingly similar as they try to change them. We describe three isomorphic processes-coercive, mimetic, and normative—leading to this outcome. We then specify hypotheses about the impact of resource centralization and dependency, goal ambiguity and technical uncertainty, and professionalization and structuration on isomorphic change. Finally, we suggest implications for theories of organizations and social change.

32,981 citations

Journal ArticleDOI
TL;DR: The dynamic capabilities framework as mentioned in this paper analyzes the sources and methods of wealth creation and capture by private enterprise firms operating in environments of rapid technological change, and suggests that private wealth creation in regimes of rapid technology change depends in large measure on honing intemal technological, organizational, and managerial processes inside the firm.
Abstract: The dynamic capabilities framework analyzes the sources and methods of wealth creation and capture by private enterprise firms operating in environments of rapid technological change. The competitive advantage of firms is seen as resting on distinctive processes (ways of coordinating and combining), shaped by the firm's (specific) asset positions (such as the firm's portfolio of difftcult-to- trade knowledge assets and complementary assets), and the evolution path(s) it has aflopted or inherited. The importance of path dependencies is amplified where conditions of increasing retums exist. Whether and how a firm's competitive advantage is eroded depends on the stability of market demand, and the ease of replicability (expanding intemally) and imitatability (replication by competitors). If correct, the framework suggests that private wealth creation in regimes of rapid technological change depends in large measure on honing intemal technological, organizational, and managerial processes inside the firm. In short, identifying new opportunities and organizing effectively and efficiently to embrace them are generally more fundamental to private wealth creation than is strategizing, if by strategizing one means engaging in business conduct that keeps competitors off balance, raises rival's costs, and excludes new entrants. © 1997 by John Wiley & Sons, Ltd.

27,902 citations