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regularity of employees meetings are related to profit generated by the innovation activities. Using survey data of Montenegrin … innovation activities are likely to report higher profit generated by innovations. Therefore, our results underline the crucial … role of human resource practices in the process of innovation that generates profitability for firms. …
Persistent link: https://www.econbiz.de/10011920256
European business sector pays an ever more increasing attention to competences such as sense of initiative and entrepreneurship but Western Balkan countries as transition countries from state regulated towards market economy, have a high level of resistance to private initiatives and...
Persistent link: https://www.econbiz.de/10011920421
We analyze the effects of lower bounds on wages, e.g., minimum wages or liability limits, on job design within firms. In our model, two tasks contribute to non-verifiable firm value and affect an imperfect performance measure. The tasks can be assigned to either one or two agents. In the absence...
Persistent link: https://www.econbiz.de/10010305966
We analyze the effects of wage floors on optimal job design in a moral-hazard model with asymmetric tasks and imperfect aggregate performance measurement. Due to cost advantages of specialization, assigning the tasks to different agents is efficient. A sufficiently high wage floor, however,...
Persistent link: https://www.econbiz.de/10010329455
Incentives for managers are often provided by offering them performance-based compensation schemes. The efficiency of such monetary compensations, however, depends on several factors, among them the quality of the employed performance measures, the information available for contracting purposes,...
Persistent link: https://www.econbiz.de/10011527797