Without innovation, companies die. Managing the innovation process well is important for companies and for nations as a … whole.This book shows how the innovation process is changing profoundly, with significant implications for managers and … public policy-makers.A new kind of technology, 'innovation technology' is being applied to the innovation process. When used …

This paper studies the relationship between optimal prizes and scarcity of ideas in innovation contests. We consider a … model where both ideas and effort are integral parts of the innovation process. Contest participants are privately informed …

It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out …