Terwiesch, Christian; Xu, Yi - In: Management Science 54 (2008) 9, pp. 1529-1543
In an innovation contest, a firm (the seeker) facing an innovation-related problem (e.g., a technical R& D problem) posts this problem to a population of independent agents (the solvers) and then provides an award to the agent that generated the best solution. In this paper, we analyze the...