Impacts of Practice Combinations on Organizational Knowledge: Based on March’s Exploration-Exploitation Model

Figure 2

Results of replication. (a) Effect of learning rates (p₁, p₂) on equilibrium knowledge. (b) Effect of heterogeneous socialization rates (p₁ = 0.1, 0.9) on equilibrium knowledge. (c) Effect of heterogeneous socialization rates (p₁ = 0.1, 0.9) on period-20 knowledge. (d) Effect of turnover (p₃) and socialization rate (p₁) on period-20 code knowledge. (e) Effect of turbulence (p₄) on code knowledge over time, with and without turnover (p₃).

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