search query: @indexterm hierarchical organizations / total: 89
reference: 48 / 89
| Author: | Dearden, J. Ickes, B. W. Samuelson, L. |
| Title: | To innovate or not to innovate: incentives and innovation in hierarchies |
| Journal: | American Economic Review
1990 : DEC, VOL. 80:5, p. 1105-1124 |
| Index terms: | INNOVATION HIERARCHICAL ORGANIZATIONS |
| Language: | eng |
| Abstract: | Hierarchical organizations often perform poorly in inducing the adoption of innovations. Innovation is examined in hierarchical organizations, focusing particularly on process, rather than product innovation. Motivation and examples are drawn from the Soviet Union because they are the most striking, but the analysis can be applied to general hierarchical systems. A principal offering contract to agents is examined who make unobservable efforts and adoption-to-innovation choices /yielding moral hazard/, who occupy jobs of differing, unobserved productivities, and who engage in a repeated relationship with the principal. |
SCIMA