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The governance of explorative knowledge production


Osterloh, Margit; Weibel, Antoinette (2009). The governance of explorative knowledge production. In: Foss, Nicolai J; Michailova, Snejina. Knowledge Governance: Processes and Perspectives. Oxford: Oxford University Press, 138-165.

Abstract

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.

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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Additional indexing

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
Language:English
Date:January 2009
Deposited On:08 Feb 2010 15:48
Last Modified:05 Apr 2016 13:52
Publisher:Oxford University Press
ISBN:978-0-19-923592-6
Publisher DOI:https://doi.org/10.1093/acprof:oso/9780199235926.003.0006
Permanent URL: https://doi.org/10.5167/uzh-29684

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