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


Bäker, Agnes; Güth, Werner; Pull, Kerstin; Stadler, Manfred (2013). Creativity, analytical skills, personality traits, and innovative capability: A lab experiment. Homo oeconomicus, (2):203-221.

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 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, analytical skills and risk tolerance. Personality traits such as participants' anxiety, independence, toughmindedness or extraversion at best play a minor role.

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 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, analytical skills and risk tolerance. Personality traits such as participants' anxiety, independence, toughmindedness or extraversion at best play a minor role.

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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Business Administration
Dewey Decimal Classification:330 Economics
Language:English
Date:2013
Deposited On:23 Aug 2019 12:32
Last Modified:25 Sep 2019 00:43
Publisher:Accedo Verlagsgessellschaft
ISSN:0943-0180
OA Status:Closed
Other Identification Number:merlin-id:13363

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