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Creativity Under Fire: The Effects of Competition on Creative Production / Daniel P. Gross.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Gross, Daniel P.
Contributor:
National Bureau of Economic Research.
Series:
Working Paper Series (National Bureau of Economic Research) no. w25057.
NBER working paper series no. w25057
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Other Title:
Creativity Under Fire
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2018.
Summary:
Though fundamental to innovation and essential to many industries and occupations, individual creativity has received limited attention as an economic behavior and has historically proven difficult to study. This paper studies the incentive effects of competition on individuals' creative production. Using a sample of commercial logo design competitions, and a novel, content-based measure of originality, I find that intensifying competition induces agents to produce original, untested ideas over tweaking their earlier work, but heavy competition drives them to stop investing altogether. The results yield lessons for the management of creative workers and for the implementation of competitive procurement mechanisms for innovation.
Notes:
Print version record
September 2018.

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