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Problem definition: Firms seek to use the contest format to source solutions from a broader network of outside solvers. We study the application of the contest approach in multi-stage settings, and show how and when screening of contestants between stages can produce improved contest...
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Public, private, and not-for-profit organizations find advanced technology and product development projects challenging to manage due to the time and budget pressures, and turn to their development partners and suppliers to address their development needs. We study how dynamic development...
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Innovation contests within firms offer the potential to tap latent employee expertise across the organization, and expand innovation beyond the core R&D teams. Still, firms undertaking an internal contest, unlike the more commonly studied external contests, incur significant opportunity costs...
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Innovation contests have been studied primarily as mechanisms to obtain extreme valued solutions. In the current work, we propose that this conceptualization of innovation contests needs to be expanded to also consider the long-term benefits from the knowledge/capabilities generated by the...
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