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Dynamic incentives in organizations : success and inertia
Ruckes, Martin E.; Rønde, Thomas - 2010
We present a dynamic model in which an employee of a firm searches for business projects in a changing environment. It is costly to induce the employee who found a successful project in the past period to search for a new project. Past success can therefore result in profitreducing corporate...
Persistent link: https://www.econbiz.de/10008695543
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Equity links and information acquisition in biotechnology alliances
Filson, Darren; Morales, Rosa - 2001
We use a simple model of collaborative innovation to structure an empirical analysis of minority equity links in biotechnology alliances between clients and R&D firms. In the model, an equity link is an investment in information acquisition: it improves the ability of the client to learn about...
Persistent link: https://www.econbiz.de/10011560910
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Examination of the individual competencies that differentiate results in direct sales
Sypniewska, Barbara A. - In: Contemporary economics 7 (2013) 1, pp. 83-100
The importance of knowledge and skills in meeting new challenges in production and distribution is particularly evident in today’s market, which is characterized by a saturation of products and strong competition. To be successful in the market, companies must stand out and be creative and...
Persistent link: https://www.econbiz.de/10009770333
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The Power of Repentance : Penitents (Baalei Teshuvah) of the Talmud and Midrash
Friedman, Hershey H. - 2019
Talmudic stories are a method used by the ancient sages to teach us about ethics and morality. The stories in this paper deal with penitent (baalei teshuva) who returned to God. It is clear from these stories that it is vital for people to help others repent. One great sage even offered his...
Persistent link: https://www.econbiz.de/10012861879
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Comparative Incentive Systems
Coccia, Mario - 2019
motivates people and creates favorable environmental conditions to maximize performance to achieve specific goals in …
Persistent link: https://www.econbiz.de/10012889370
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Family or Nonfamily? CEO Appointment in a Multitask Model with Economic and Non-Economic Tasks
Kragl, Jenny - 2019
economic explanation for this paradox, linked to the multitasking problem in managing family firms. We compare the performance … of family and non-family managers in a moral-hazard model with imperfect performance measures, where managerial tasks are …-economic goals. However, the more complementary the tasks, the more aligned the performance measure with the family's goals, and the …
Persistent link: https://www.econbiz.de/10012895440
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The Double Cognitive Bias of Mistakes. A Measurement Method
Kucharska, Wioleta; Bedford, Denise A. D.; Kopytko, … - 2023
There is no learning without mistakes. However, making mistakes among knowledge workers is still seeing shameful. There is a clash between positive attitudes and beliefs regarding the power of gaining new (tacit) knowledge by acting in new contexts and negative attitudes and beliefs toward...
Persistent link: https://www.econbiz.de/10014344435
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Self-Sustaining Innovation Through Intrinsic Motivation
Molodchik, Mariya; Molodchik, Anatoliy - 2014
The literature supports the view that the employees, who are empowered, self-determined and intrinsically motivated, have a greater degree of innovativeness. However, there is a gap between theoretical issues and practical recommendations regarding the organizational design aimed at...
Persistent link: https://www.econbiz.de/10014173206
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Strategic Incentives to Human Capital
Gambardella, Alfonso; Panico, Claudio; Valentini, Giovanni - 2013
link rewards to actions or performance. Firms instead might motivate knowledge workers by offering them opportunities to …
Persistent link: https://www.econbiz.de/10014037971
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Strategic Resource Allocation : Top-Down, Bottom-Up, and the Value of Strategic Buckets
Hutchison-Krupat, Jeremy; Kavadias, Stelios - 2016
performance. However, at the time resource decisions are made, senior level decision makers often lack precise knowledge about the …
Persistent link: https://www.econbiz.de/10014044621