2023 - EGEA
E-book
Digital Version
Organizational search and decision-making : in the Renewable Electricity Industry
62 p.
- This text studies how organizations, when solving a specific problem, identify a set of potential solutions called "Search Space". The author defines the concept of Search Space and identifies three factors - uncertainty, prior top managerial attention, and prior experience - that drive differences in Search Space. Additionally, this book starts to disentangle why some firms' top managers are predisposed to paying more attention to new strategic areas by investigating the relationship between uncertainty and top managerial attention. Hypotheses first testing the effect of uncertainty, prior top managerial attention, and prior experience on size of Search Space, and second testing the effect of uncertainty on changes in top managerial attention are tested using data describing the U.S. renewable electricity sector from 2000 to 2010. [Publisher's text]