Pay for Creativity? The Complementarity between Individual Rewards and Subjective Evaluations in Incentive System Design

2012 ◽  
Author(s):  
Isabella Grabner
Keyword(s):  
System Design ◽  
Incentive System ◽  
Subjective Evaluations

How Incentive System Design Affects Risk-Taking: A Literature Review

2019 ◽  
Author(s):  
Niklas Kreilkamp ◽  
Sascha Matanovic ◽  
Maximilian Schmidt ◽  
Arnt Wöhrmann
Keyword(s):  
Literature Review ◽  
System Design ◽  
Risk Taking ◽  
Incentive System

How to Reduce Violent Pressure on Business in Russia?

2012 ◽  
pp. 4-23 ◽  
Author(s):  
A. Yakovlev
Keyword(s):  
Civil Society ◽  
Law Enforcement ◽  
System Design ◽  
Civil Society Organizations ◽  
Incentive System ◽  
Policy Recommendations ◽  
Political Organizations ◽  
Law Enforcement Agencies ◽  
Limited Access

The paper considers the factors explaining violent pressure of law enforcement agencies on businessmen in Russia in recent years. This phenomenon has been analyzed from the viewpoint of “destructive entrepreneurship” concept (Baumol, 1990) and “limited access order” framework (North et al., 2009). The paper stresses the key role of economic and political organizations in defending entrepreneurs’ interests. It proposes a number of policy recommendations on incentive system design for law enforcement agencies and development of their public communications with business and civil society organizations.

Incentive System Design in Creativity-Dependent Firms

2014 ◽  
Vol 89 (5) ◽  
pp. 1729-1750 ◽  
Author(s):  
Isabella Grabner
Keyword(s):  
Value Creation ◽  
Primary Source ◽  
Incentive System ◽  
Control Mechanisms ◽  
Incentive Systems ◽  
Subjective Evaluations ◽  
Performance Based Pay ◽  
And Performance ◽  
The Impact ◽  
Made In

ABSTRACT I empirically investigate the impact of an organization's creativity dependency on the design of its incentive system. In firms for which the primary source of value creation is the creativity of core employees, the designs of incentive systems are particularly challenging. The nature of creative work constrains the feasibility of extrinsic incentives, but at the same time creates a need for them. Accordingly, there is concern that the use of incentives renders people not creative enough, but a lack of incentives makes employees “too creative.” I argue that a solution to this dilemma is the acknowledgment that the decision to use performance-based pay is not made in isolation, but as part of a set of complementary choices. I theoretically argue and empirically show that subjective evaluations of non-task-related performance and performance-based pay are complements in a creativity-dependent setting. I further argue that the intense use of both control mechanisms is the incentive system that best accommodates the control requirements of creativity-dependent firms, and show that the likelihood of choosing this system increases with the creativity dependency.

Performance Measure Properties and Incentive System Design

2009 ◽  
Vol 48 (2) ◽  
pp. 237-264 ◽  
Author(s):  
MICHAEL J. GIBBS ◽  
KENNETH A. MERCHANT ◽  
WIM A. VAN DER STEDE ◽  
MARK E. VARGUS
Keyword(s):  
System Design ◽  
Performance Measure ◽  
Incentive System

scholarly journals Building trust through knowledge sharing: Implications for incentive system design

2021 ◽  
pp. 101241
Author(s):  
Katlijn Haesebrouck ◽  
Alexandra Van den Abbeele ◽  
Michael G. Williamson
Keyword(s):  
Knowledge Sharing ◽  
System Design ◽  
Incentive System ◽  
Building Trust
Sign in / Sign up

Export Citation Format

Share Document