We experimentally investigate competition in innovation in a patent race scenario. Pairs of subjects compete as seller … firms on a duopoly market, engaging in risky search investments. Successful innovation is rewarded through temporary …

, personality traits and innovation game behavior in the lab are interrelated. With the help of a within-subject design we find that … participants' performance in the innovation games is in fact related to their creativity, risk tolerance and self-control. Other …

, personality traits and innovation game behavior in the lab are interrelated. With the help of a within-subject design we find that … participants' performance in the innovation games is in fact related to their creativity, risk tolerance and self-control. Other …, and the same is true for participants' analytical skills. -- Creativity ; personality traits ; innovation games …

Innovation economics is usually neglecting the psychological tradition of creativity research. Our study is an attempt … skills and personality traits on the one hand and innovative capability, the topic of innovation economics, on the other hand … are interrelated. We find that participants' performance in innovation games is related to their creativity, risk …