TY - GEN
T1 - A stock market for innovation (SMI)
T2 - 40th Jahrestagung der Gesellschaft fur Informatik e.V. (GI): Service Science - Neue Perspektiven fur die Informatik, INFORMATIK 2010
AU - Villarroel, J. Andrei
AU - Reis, Filipa
PY - 2010
Y1 - 2010
N2 - This study explores the effectiveness of an intra-firm online distributed innovation initiative, in the form of a Stock Market for Innovation (SMI). As in traditional stock markets, the SMI is prone to gambling activities. Controlling for a set of previously studied motivational factors affecting innovation performance, we study the impact of gambling behavior on effective innovative performance. On the one hand, our findings indicate that gambling activities are positively associated with innovation performance. On the other hand, we find that strict gambling behavior negatively impacts innovative performance. This evidence suggests that contributors speculating in the SMI innovate by doing so, but strict gambling behavior may be potentially obstructive. These findings contribute to the innovation management literature by shedding light on a stock market model of distributed innovation allowing the firm to leverage upon its entire workforce to expand its ability to innovate.
AB - This study explores the effectiveness of an intra-firm online distributed innovation initiative, in the form of a Stock Market for Innovation (SMI). As in traditional stock markets, the SMI is prone to gambling activities. Controlling for a set of previously studied motivational factors affecting innovation performance, we study the impact of gambling behavior on effective innovative performance. On the one hand, our findings indicate that gambling activities are positively associated with innovation performance. On the other hand, we find that strict gambling behavior negatively impacts innovative performance. This evidence suggests that contributors speculating in the SMI innovate by doing so, but strict gambling behavior may be potentially obstructive. These findings contribute to the innovation management literature by shedding light on a stock market model of distributed innovation allowing the firm to leverage upon its entire workforce to expand its ability to innovate.
UR - http://www.scopus.com/inward/record.url?scp=84874285450&partnerID=8YFLogxK
M3 - Conference contribution
AN - SCOPUS:84874285450
SN - 9783885792697
T3 - INFORMATIK 2010 - Service Science - Neue Perspektiven fur die Informatik, Beitrage der 40. Jahrestagung der Gesellschaft fur Informatik e.V. (GI)
SP - 943
EP - 948
BT - INFORMATIK 2010 - Service Science - Neue Perspektiven fur die Informatik, Beitrage der 40. Jahrestagung der Gesellschaft fur Informatik e.V. (GI)
Y2 - 27 September 2010 through 1 October 2010
ER -