incentives to affect these choices. It develops a multi-task model where employees makes choices between their assigned standard … tasks, for which the firm has a performance measure and provides incentives, and privately observed innovation opportunities …-powered incentives for standard tasks to encourage more innovation, yet in equilibrium employees undertake too few innovation. The …

Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but …,700 participants), we vary the salience of team identity, social-image concerns, and whether teams face monetary incentives. Increased … monetary incentives improve all teams’ outcomes without crowding out teams’ willingness to explore or perform similar tasks …

We investigate the effect of financial incentives, framed as gains and losses, on creative breakthrough. Rather than … reorganization of ideas for the solution of a problem. We argue that financial incentives can be detrimental for creative … breakthrough. Moreover, framing financial incentives as losses may lead to particularly strong detrimental effects, compared to …

workers can learn from each other's experience, incentives for innovation fundamentally differ from incentives for routine … activities. Optimal incentives for routine activities take the form of standard pay-for-performance where only individual success … workers with a combination of long-term individual and group incentives for joint success. This result is in line with the …