Download this Paper Open PDF in Browser

The Dynamics of Organizational Learning

13 Pages Posted: 30 Jul 1997  

Bernardo A. Huberman

Stanford University

Date Written: May 15, 1997

Abstract

This paper presents a dynamical theory of organizational learning that explicitly accounts for both the introduction of new routines into the manufacturing process and improvements in the selection of which procedures to follow. Besides producing a power law of organizational learning with a rate that depends on the effectiveness of the decision procedure, the theory also accounts for observed anomalies characterized by price increases with cumulative output.

JEL Classification: D20, D21, D23

Suggested Citation

Huberman, Bernardo A., The Dynamics of Organizational Learning (May 15, 1997). Available at SSRN: https://ssrn.com/abstract=49440 or http://dx.doi.org/10.2139/ssrn.49440

Bernardo A. Huberman (Contact Author)

Stanford University ( email )

Palo Alto, CA 94305
United States

Paper statistics

Downloads
487
Rank
47,107
Abstract Views
1,383