Speckbacher, Gerhard, Wabnegg, Markus. 2018. Incentivizing Innovation: The Role of Knowledge Exchange and Distal Search Behavior. European Accounting Association 41st Annual Congress, Milan, Italy, 30.05.-01.06.
BibTeX
Abstract
Prior research has produced conflicting views on whether incentives help or hinder innovation in organizations. In addressing these controversial views, we argue for the importance of focusing on the effects of incentives on the allocation of effort across different behaviors. We highlight distal search and knowledge exchange as two key behaviors within the innovation process and we argue for combining explicit and implicit incentives for fostering them. More specifically, we propose a complementary role of knowledge exchange and distal search behavior in creating innovation performance and we develop hypotheses on how incentives support both of these behaviors to drive innovation performance. We test our hypotheses using survey and patent data from 282 firms in the chemical and pharmaceutical industry and find evidence that is consistent with our predictions.
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Status of publication | Published |
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Affiliation | WU |
Type of publication | Paper presented at an academic conference or symposium |
Language | English |
Title | Incentivizing Innovation: The Role of Knowledge Exchange and Distal Search Behavior |
Event | European Accounting Association 41st Annual Congress |
Year | 2018 |
Date | 30.05.-01.06. |
Country | Italy |
Location | Milan |
URL | http://eaa2018.eaacongress.org/r/home |
Associations
- People
- Speckbacher, Gerhard (Details)
- Wabnegg, Markus (Details)
- Organization
- Institute for Strategy and Managerial Accounting IN (Details)
- Research areas (Ă–STAT Classification 'Statistik Austria')
- 5307 Business and management economics (Details)
- 5333 Business management (Details)
- 5359 Controlling (Details)
- 5936 Research and innovation management (Details)