Incentivizing Innovation in Knowledge-Intensive Companies: Conceptual Analysis of the Fit Between Reward Programs and Organizational Contexts
Sven Grzebeta ()
A chapter in Incentives and Performance, 2015, pp 341-357 from Springer
Abstract:
Abstract In this conceptual study, I analyze the fit between corporate programs incentivizing innovation and knowledge-intensive organizational contexts. Based on the personal characteristics and contextual factors determining creative work behaviour the levers for rewarding innovation in knowledge-intensive business contexts are discussed. Drawing on fit theory, I corroborate the hypothesis that a “one size fits all” approach for programs incentivizing innovation does not fully leverage the creative potential of organizations. I analyze the dimensions and implications of the fit between incentive programs for innovation and knowledge-intensive organizational contexts and conclude with selected practical recommendations to improve this fit.
Keywords: Organizational Context; Incentive Scheme; Innovation Program; Creative Idea; Innovative Behavior (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-09785-5_21
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DOI: 10.1007/978-3-319-09785-5_21
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