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Creativity, analytical skills, personality traits, and innovative capability: A lab experiment

Werner Güth (), Kerstin Pull and Manfred Stadler

No 44, University of Tübingen Working Papers in Business and Economics from University of Tuebingen, Faculty of Economics and Social Sciences, School of Business and Economics

Abstract: Innovation economics is usually neglecting the psychological tradition of creativity research. Our study is an attempt to experimentally collect behavioral data revealing in how far personality characteristics like creativity, analytical skills and personality traits on the one hand and innovative capability, the topic of innovation economics, on the other hand are interrelated. We find that participants' performance in innovation games is related to their creativity, risk tolerance and self-control. Other personality traits such as participants' anxiety, independence, tough-mindedness, analytical skills and extraversion at best play a minor role.

Keywords: Creativity; Personality traits; Innovation games; Experiments (search for similar items in EconPapers)
JEL-codes: C91 L13 O31 (search for similar items in EconPapers)
Date: 2012
New Economics Papers: this item is included in nep-cbe, nep-cse, nep-evo, nep-exp, nep-ino and nep-neu
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