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Author:Filson, D.
Title:The dynamics of resource allocation in research organizations
Journal:Journal of Economic Behavior and Organization
2000 : OCT, VOL. 43:2, p. 263-277
Index terms:MANAGEMENT
INNOVATION
CONTROL
Language:eng
Abstract:As a first step towards understanding the evolution of small groups in firms, this paper develops and tests a simple decision-theoretic model of research-unit evolution in which, as managers resolve their uncertainty over time, they shut down under-performing units and remove under-performing unit heads. The selection process generates several testable hypotheses about how unit and head characteristics affect the assignment of heads to units and resource allocation within the firm.
SCIMA record nr: 218533
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