Tag Archives: Labor Laws

Innovation and Freedom

Posted on October 21, 2023 by Eugene Ivanov

This article has originally appeared in the International Market & Competitive Intelligence magazine (July/August 2023) With giant waves of technological change rocking every corner of the global economy, innovation isn’t a luxury anymore, not even a matter of choice; it’s … Continue reading →

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Innovation do’s and don’ts

Posted on December 8, 2021 by Eugene Ivanov

Jeff Bezos once said: “Good intentions don’t work, mechanisms do.” I interpret this line as implicit support for my conviction that chasing the chimera of “culture of innovation” is a distraction, rather than an enabler, of corporate innovation. Instead, firms … Continue reading →

Posted in Diversity, Innovation, Rewards and Recognition | Tagged , , , , , , | 5 Comments

Does labor regulation hurt innovation?

Posted on February 6, 2021 by Eugene Ivanov

Those who believe that government regulations, including labor laws, hurt innovation, please, raise your hand. Wow, quite a few hands raised! Indeed, the suspicion against regulations is fueled by common belief that they damage economic growth, with which innovation is … Continue reading →

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Freedom to innovate

Posted on July 22, 2018 by Eugene Ivanov

In one of my recent posts, I listed specific socioeconomic factors that favor or obstruct corporate innovation. Some of them, such as termination or compensation policies and the way organizations treat their employees, are in full control of the organizations … Continue reading →

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Innovation: for and against

Posted on April 28, 2018 by Eugene Ivanov

I like Jeff Bezos’ line: “Good intentions don’t work, mechanisms do.” To me, it sounds like a full support of my conviction that endless talks about establishing a “culture of innovation” is a distraction, rather than an enabler, in fostering … Continue reading →

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Freedom to fail, freedom to innovate

Posted on January 24, 2018 by Eugene Ivanov

(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 →

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The dose is everything: how much labor protection is good for innovation

Posted on December 7, 2017 by Eugene Ivanov

A theoretical concept proposed by Gustavo Manso in 2011 (I wrote about it here) postulates that the optimal combination of incentives that motivate employees to innovate must include tolerance for failure in the short term and reward for success in the long … Continue reading →

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The “labor law” of innovation

Posted on December 3, 2017 by Eugene Ivanov

One might assume that pro-worker labor laws, due to their association with lower levels of investment, productivity and output, would have a negative effect on innovation. In fact, academic studies indicate that more stringent employment laws help firms and their … Continue reading →

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