Do organizational incentives spur innovation?

Do Organizational Incentives Spur Innovation?

To date, we have only partially begun to develop an understanding of the channels through which innovation is facilitated within organizations. Although talented individuals are pivotal to supporting knowledge accumulation and renewal, they may be more willing to contribute new ideas if they expect to reap some of the gains that these ideas generate for the firm. In considering this perspective...

Do General Managerial Skills Spur Innovation?

We show that firms with chief executive officers (CEOs) who gain general managerial skills over their lifetime work experience invest more in R&D and produce more patents. We address the potential endogenous CEO-firm matching bias using firmand CEOfixed effects and variation in the enforceability of non-compete agreements across states and over time during the CEO’s career. Our findings suggest...

Did Trips Spur Innovation? an Analysis of Patent Duration and Incentives to Innovate

How to structure IP laws in order to maximize social welfare by striking the right balance between incentives to innovate and access to innovation is an empirical question. It is a challenging one to answer, both because innovation is difficult to value and because changes in IP protection are rare. The 1995 TRIPS agreement provides a unique opportunity to explore this question for two reasons....

Did TRIPS Spur Innovation? An Empirical Analysis of Patent Duration and Incentives to Innovate

Organizational structures to support innovation: how do companies