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作者：Sosa, Manuel E.
作者单位：INSEAD Business School
摘要：Design rework is a core phenomenon in new product development (NPD). Yet carrying out design rework presupposes recognizing the need for it. I characterize the types of interpersonal knowledge transfer that help developers realize the need for design rework in NPD. As predicted by the NPD literature, I find that individuals who interact frequently with colleagues to address their task interdependences are more likely to realize the need for rework. I also learn that interacting with colleagues...
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作者：Savva, Nicos; Scholtes, Stefan
作者单位：University of London; London Business School; University of Cambridge
摘要：We study three contractual arrangements-co-development, licensing, and co-development with opt-out options-for the joint development of new products between a small and financially constrained innovator firm and a large technology company, as in the case of a biotech innovator and a major pharma company. We formulate our arguments in the context of a two-stage model, characterized by technical risk and stochastically changing cost and revenue projections. The model captures the main disadvanta...
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作者：Oraiopoulos, Nektarios; Kavadias, Stylianos
作者单位：University of Cambridge
摘要：We formalize R&D as a search process for technology improvements across different technological domains. Technology improvements from a specific domain draw upon a common knowledge base, and as such they share technological content. Moreover, different domains may rely on similar scientific principles, and therefore, knowledge about the technology improvements by one domain might be transferable to another. We analyze how such a technological relatedness shapes the direction of R&D search when...
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作者：Chao, Raul O.; Lichtendahl, Kenneth C., Jr.; Grushka-Cockayne, Yael
作者单位：University of Virginia
摘要：Many large organizations use a stage-gate process to manage new product development projects. In a typical stage-gate process project managers learn about potential ideas from research and exert effort in development while senior executives make intervening go/no-go decisions. This decentralized decision making results in an agency problem because the idea quality in early stages is unknown to the executive and the project manager must exert unobservable development effort in later stages. In ...
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作者：Hutchison-Krupat, Jeremy; Chao, Raul O.
作者单位：University of Virginia
摘要：Most organizations employ collaborative teams to manage innovation projects. Although the use of collaborative innovation teams is a good starting point, an organization's ability to innovate can be enhanced by managing risk-taking behavior through monetary incentive schemes and through an organizational culture that tolerates failure. This article reports the results of two controlled experiments aimed at understanding how tolerance for failure and incentives impact the decisions of individua...
