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来源类型Working Paper
规范类型报告
DOI10.3386/w17031
来源IDWorking Paper 17031
Individual Preferences, Organization, and Competition in a Model of R&D Incentive Provision
Nicola Lacetera; Lorenzo Zirulia
发表日期2011-05-05
出版年2011
语种英语
摘要Understanding the organization of R&D activities requires the simultaneous consideration of scientific workers' talent and tastes, companies' organizational choices, and the characteristics of the relevant industry. We develop a model of the provision of incentives to corporate scientists, in an environment where (1) scientists engage in multiple activities when performing research; (2) knowledge is not perfectly appropriable; (3) scientists are responsive to both monetary and non-monetary incentives; and (4) firms compete on the product market. We show that both the degree of knowledge spillovers and of market competition affect the incentives given to scientists, and these effects interact. First, high knowledge spillovers lead firms to soften incentives when product market competition is high, and to strengthen incentives when competition is low. Second, the relationship between the intensity of competition and the power of incentives is U-shaped, with the exact shape depending on the degree of knowledge spillovers. We also show that the performance-contingent pay for both applied and basic research increases with the non-pecuniary benefits that scientists obtain from research. We relate our findings to the existing empirical research, and also discuss their implications for management and public policy.
主题Industrial Organization ; Market Structure and Firm Performance ; Firm Behavior ; Other ; Accounting, Marketing, and Personnel ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w17031
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/574704
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Nicola Lacetera,Lorenzo Zirulia. Individual Preferences, Organization, and Competition in a Model of R&D Incentive Provision. 2011.
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