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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w14234 |
来源ID | Working Paper 14234 |
Who Has a Better Idea? Innovation, Shared Capitalism, and HR Policies | |
Erika Harden; Douglas L. Kruse; Joseph R. Blasi | |
发表日期 | 2008-08-15 |
出版年 | 2008 |
语种 | 英语 |
摘要 | We investigate the relationship of "shared capitalist" compensation systems - profit/gainsharing, employee ownership, and stock options - to the culture for innovation and employees' ability and willingness to engage in innovative activity. Using a large dataset with over 25,000 employee surveys in over 200 worksites of a large multinational organization, we find that both shared capitalism compensation and high performance work policies contribute to these innovation outcomes. Owning company stock is the most consistently positive compensation variable in predicting both an innovation culture and willingness to engage in innovative activity. We also find that shared capitalism and high performance work policies have stronger effects in predicting an innovation culture when they are combined, and that the effects of shared capitalism and high performance work policies are partially, but not wholly, mediated through greater employee alignment with company strategy. The findings are consistent with agency theories predicting that the principal agent problem can be addressed by a combination of shared incentives and cooperative culture which encourages mutual monitoring and opportunities to share information. |
主题 | Labor Economics ; Labor Compensation ; Labor Relations ; Industrial Organization ; Firm Behavior |
URL | https://www.nber.org/papers/w14234 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571912 |
推荐引用方式 GB/T 7714 | Erika Harden,Douglas L. Kruse,Joseph R. Blasi. Who Has a Better Idea? Innovation, Shared Capitalism, and HR Policies. 2008. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w14234.pdf(149KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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