Permanent URL to this publication: http://dx.doi.org/10.5167/uzh-29684
Osterloh, Margit; Weibel, Antoinette (2009). The governance of explorative knowledge production. In: Foss, Nicolai J; Michailova, Snejina. Knowledge Governance: Processes and Perspectives. Oxford, 138-165. ISBN 978-0-19-923592-6.
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The generation of new knowledge is crucial for a firm’s competitive advantage. We analyze explorative knowledge production in teams as a social dilemma. Such social dilemmas can to some extent be solved by transactional solutions such as activating the shadow of the future or selective incentives. But transformational solutions are more important. Employee’s intrinsic initiative to participate in knowledge exploration is crowded-out by certain high-powered incentives and unfriendly monitoring. It is crowded-in by, low-powered incentives, friendly monitoring, communication and institutional framing. We conclude that there exist convincing ideas of how to govern explorative knowledge production which should be tested empirically.
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|Item Type:||Book Section, refereed, original work|
|Communities & Collections:||03 Faculty of Economics > Department of Business Administration|
|Dewey Decimal Classification:||330 Economics|
|Uncontrolled Keywords:||exploration, exploitation, social dilemma, extrinsic motivation, intrinsic motivation, crowding-out, crowding-in|
|Deposited On:||08 Feb 2010 15:48|
|Last Modified:||12 Apr 2012 03:42|
|Publisher:||Oxford University Press|
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