Does Open Source (OS) represent a new innovation model, and under what conditions can it be employed in other contexts? A look into history shows that OS isn?t a unique example of what is called ?collective invention?. Other examples are blast furnaces in Britain?s Cleveland district, steam...

Summary We discuss Starbuck's proposal to improve decision processes in scholarly evaluation. While we agree that more variety is needed in evaluation committees, we suggest to enlist scholars from other research fields rather than people from outside academia. We disagree with the proposal that...

Research rankings based on publications and citations today dominate governance of academia. Yet they have unintended side effects on individual scholars and academic institutions and can be counterproductive. They induce a substitution of the “taste for science” by a “taste for...

The financial crisis is a crisis of governance as well. In search of answers and solutions many scholars and practitioners recommend improved output control, i.e. better external incentives or even stricter regulations. Monasteries demonstrate that alternative models may be more suitable to...

Research rankings based on publications and citations today dominate governance of academia. Yet they have unintended side effects on individual scholars and academic institutions and can be counterproductive. They induce a substitution of the "taste for science" by a "taste for publication". We...

Corporate scandals, reflected in excessive management compensation and fraudulent accounts, cause considerable damage. Agency theory’s insistence on linking the compensation of managers and directors as closely as possible to firm performance is a major reason for these scandals. They cannot...