Effective Search in Rugged Performance Landscapes: A Review and Outlook
Abstract
The creation of novel strategies, the pursuit of entrepreneurial opportunities, and the development of new technologies, capabilities, products, or business models all involve solving complex problems that require making a large number of highly interdependent choices. The challenge that complex problems pose to boundedly rational managers—the need to find a high-performing combination of interdependent choices—is akin to identifying a high peak...
Paper Details
Title
Effective Search in Rugged Performance Landscapes: A Review and Outlook
Published Date
Nov 5, 2018
Journal
Volume
45
Issue
1
Pages
285 - 318
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History