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Economic theory suggests that performance pay may serve as an effective screening device to attract productive agents. The existing evidence on the self-selection of agents is largely limited to job tasks where performance is driven by routine, well-defined procedures. This study presents...
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crowding out. Our findings suggest that rewards can improve innovation and creativity, and that there may be a tradeoff between …
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This study is directly motivated by the results of Eckartz et al (2012). Subjects exerted suprisingly high efforts irrespectively of how they were compensated. This paper discusses a number of potential explanations and then it will focus on two of them: first, subjects might exert effort simply...
Persistent link: https://www.econbiz.de/10010253142
In this paper, I empirically investigate the impact of an organization's reliance on collaborative creativity on the … design of incentive systems. In creativity-reliant firms, i.e., firms for which the primary source of value creation lies in … the creativity of their core employees, incentive system design is particularly challenging, since the nature of creative …
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