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Organizations often empower employees at all levels to propose innovation ideas that rely on their first-hand knowledge … of their standard task (i.e. employee-initiated innovation). Many, however, struggle with motivating employees to develop … incentivized do not explicitly include innovation. Prior analytical research posits that low-powered incentives can motivate …
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Optimally reallocating human capital to tasks is key for an organization to successfully navigate a transition. We study how to design employment contracts to allocate employees to different valuable projects within an organization given two simultaneous challenges: The employees have private...
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One of the strategic goals defined in Lisbon in 2000 was to enhance innovation in the EU. The economic rationale for … and Development (R&D) tax credit and an output tax incentive, the innovation box. The aim of these incentives is to make …
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to benefit innovation more than extrinsic motives such as pay …
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to benefit innovation more than extrinsic motives such as pay …
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Economists studying innovation and technological change have made significant progress towards understanding firms …’ profit incentives as drivers of innovation. However, innovative performance in firms should also depend heavily on the …
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