Slack Time and Innovation

Slack Time and Innovation

We explore how slack time might drive the quantity and quality of creative projects. We model slack time as continguous blocks of low opportunity cost time. We model contiguous blocks of time as particularly useful for complex projects. The model predicts that more creative projects are produced during slack time because it is low opportunity cost time. The model also predicts that slack time g...

Slack Time and Innovation

Traditional innovation models assume that new ideas are developed up to the point where the benefit of the marginal project is just equal to the cost. Because labor is a key input to innovation, when the opportunity cost of time is lower, such as during school breaks or time o↵ from work, then such models predict that the number of ideas developed will be greater, but the average quality will b...

Creative workforce density, organizational slack, and innovation performance

Organizational Slack and Information Technology Innovation Adoption in SMEs

Organizations must strike a balance between stability and innovation –i.e., between exploitation of their current business model and processes and exploration and adoption of alternative solutions (March, 1991). Accordingly, understanding the processes by which organizations adjust their propensity to innovate, as well as the conditions most likely to foster innovation in a firm, is an importan...

Slack