Showing 1 - 10 of 103
patent) and creativity (fraction of superstar innovators, the likelihood of a very high number of citations, and generality …
Persistent link: https://www.econbiz.de/10012458770
Open source is key to innovation, but we know little about how to incentivize it. In this paper, we examine the impact of a program providing monetary incentives to motivate innovators to contribute to open source. The Sponsors program was introduced by GitHub in May 2019 and enabled...
Persistent link: https://www.econbiz.de/10014372425
Crowdsourcing is an emerging technology where innovation and production are sourced out to the public through an open … call. At the center of crowdsourcing is a resource allocation problem: there is an abundance of workers but a scarcity of …
Persistent link: https://www.econbiz.de/10012458801
We propose a theory of firm dynamics in which workers have ideas for new projects that can be sold in a market to existing firms or implemented in new firms: spin-offs. Workers have private information about the quality of their ideas. Because of an adverse selection problem, workers can sell...
Persistent link: https://www.econbiz.de/10012465455
Great achievements in knowledge are produced by older innovators today than they were a century ago. Using data on Nobel Prize winners and great inventors, I find that the age at which noted innovations are produced has increased by approximately 6 years over the 20th Century. This trend is...
Persistent link: https://www.econbiz.de/10012467324
How can minor artists produce major works of art? This paper considers 13 modern visual artists, each of whom produced a single masterpiece that dominates the artist's career. The artists include painters, sculptors, and architects, and their masterpieces include works as prominent as the...
Persistent link: https://www.econbiz.de/10012467802
Ideas are different from nearly all other economic goods in that they are nonrivalrous. This nonrivalry implies that production possibilities are likely to be characterized by increasing returns to scale, an insight that has profound implications for economic growth. The purpose of this chapter...
Persistent link: https://www.econbiz.de/10012467923
artistic disciplines, and the value of the analysis in explaining the very different relationships between age and creativity …
Persistent link: https://www.econbiz.de/10012468178
Though fundamental to innovation and essential to many industries and occupations, individual creativity has received …
Persistent link: https://www.econbiz.de/10012480710
. Finally, we present a series of results consistent with the mundane task mechanism but not with the traditional creativity …-related explanations. We do not rule out the possibility that creativity benefits from slack time. Instead, we introduce the idea that …
Persistent link: https://www.econbiz.de/10012457532