Financial Rewards Make People Suggest Fewer but Better Ideas

Financial Rewards Make People Suggest Fewer but Better Ideas

Author: 
Torres, Nicole
Publisher: 
Harvard Business School Press
Date published: 
2015
Record type: 
Journal Title: 
Harvard Business Review
Source: 
Harvard Business Review, Vol. 93, No. 5, May 2015, pp. 26
Abstract: 

Employees have proven to be a valuable source for innovative ideas. Which is why more companies are testing crowdsourcing initiatives and other ways to encourage people to innovate. Offering financial incentives has, for a long time, been one way to do this. But the research on whether rewards actually yield more innovation is mixed.

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CITATION: Torres, Nicole. Financial Rewards Make People Suggest Fewer but Better Ideas . : Harvard Business School Press , 2015. Harvard Business Review, Vol. 93, No. 5, May 2015, pp. 26 - Available at: http://library.au.int/financial-rewards-make-people-suggest-fewer-better-ideas