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Contribution Details

Type Book Chapter
Scope Discipline-based scholarship
Title The governance of explorative knowledge production
Organization Unit
Authors
  • Margit Osterloh
  • Antoinette Weibel
Editors
  • Nicolai J Foss
  • Snejina Michailova
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Booktitle Knowledge Governance: Processes and Perspectives
ISBN 978-0-19-923592-6
Place of Publication Oxford
Publisher Oxford University Press
Page Range 138 - 165
Date 2009-01
Abstract Text 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.
Digital Object Identifier 10.1093/acprof:oso/9780199235926.003.0006
Other Identification Number merlin-id:896
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Keywords exploration, exploitation, social dilemma, extrinsic motivation, intrinsic motivation, crowding-out, crowding-in