Motivating Innovation
نویسندگان
چکیده
منابع مشابه
Motivating Innovation
Motivating innovation is an important concern in many incentive problems. For example, shareholders of large corporations often need to motivate managers to pursue more innovative business strategies. This paper shows that the optimal incentive scheme that motivates innovation exhibits substantial tolerance (or even reward) for early failure and reward for long-term success. Moreover, commitmen...
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ژورنال
عنوان ژورنال: The Journal of Finance
سال: 2011
ISSN: 0022-1082
DOI: 10.1111/j.1540-6261.2011.01688.x