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The impact of wage increases on job satisfaction is explored theoretically and empirically. To do this, we apply a utility function that rises with the absolute wage level as well as with wage increases. It is shown that when employees can influence their wages by exerting effort, myopic utility...
Persistent link: https://www.econbiz.de/10003222507
Drawing on two large German representative data sets, we analyze the role of works councils for the use of performance appraisals (PA). We distinguish between the incidence of performance appraisal systems as intended by the firm and their actual implementation on the level of the individual...
Persistent link: https://www.econbiz.de/10012121631
The organization of work and the characteristics of tasks have undergone considerable changes in recent years. The developments include (i) an increased relevance of virtual teams and (ii) a higher demand for non-routine tasks in organizations, including creativity. Existing research on creative...
Persistent link: https://www.econbiz.de/10015052814
Using data on executive compensation for the German chemical industry, we investigate the relevance of two theoretical approaches that focus on bonuses as part of a long term wage policy of a firm. The first approach argues that explicit bonuses serve as substitutes for implicit career concerns....
Persistent link: https://www.econbiz.de/10009155574
survival, but lag behind regular business founders in terms of income, business growth and innovation. Moreover, we show that …
Persistent link: https://www.econbiz.de/10010473187
survival rates and little contribution to job creation, economic growth, and innovation. In this paper, we use a rich data set … and job creation, but especially also in innovation activities. The gaps in these business outcomes are relatively …
Persistent link: https://www.econbiz.de/10012126136
job creation, expansion and innovation activities for up to 40 months after business formation. Using self …, the higher they score on this index. Effects are particularly strong for growth oriented outcomes like innovation and … ambition, and necessity. We show that individuals driven by opportunity motives perform better in terms of innovation and …
Persistent link: https://www.econbiz.de/10013471288
well as growthoriented outcomes such as job creation and innovation. We find statistically significant and economically … stronger when focusing on the growth-oriented outcome of innovation. Furthermore, we observe that generalized self-efficacy is …
Persistent link: https://www.econbiz.de/10013498909
predictor of creative achievement. It plays a significant role in the business organization's innovation process and the … hypothesize that divergent thinking has a lasting effect on post-launch entrepreneurial outcomes related to innovation and growth … founders, which we observe up until 40 months after start-up. We find strong relative effects for innovation and growth …
Persistent link: https://www.econbiz.de/10014339701
paper analyses the interdependencies between labour demand for high and low skilled employees, innovation activities and …
Persistent link: https://www.econbiz.de/10011412865