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Tag Archives: Bankruptcy codes
Are you innovating? We won’t be paying you today!
A solid body of evidence, from both controlled laboratory experiments and field studies, shows that compensation based on the pay-for-performance (P-f-P) principle—when individuals receive a fixed percentage of the profits resulted from their activities–is effective in inducing higher levels of … Continue reading
Freedom to fail, freedom to innovate
(This post originally appeared on InnovationManagement.se) Everyone seems to agree that innovation is a risky business: it involves a lot of experimentation, which often ends up in failure. High tolerance for failure, therefore, can be considered as a major prerequisite for … Continue reading
Posted in Innovation
Tagged Bankruptcy codes, Innovation, Innovation Management, innovation tools, Labor Laws, VC
2 Comments
Innovation and bankruptcy
Recently, I described academic studies suggesting that corporate innovation is fostered by labor laws that limit firms’ ability to discharge employees at will. These studies provide support to the idea that the best way to encourage risk-taking and experimentation is … Continue reading
Posted in Innovation
Tagged Bankruptcy codes, Culture of Innovation, Innovation, Innovation Management
6 Comments