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As a first step towards understanding the evolution of small groups in firms, this paper develops and tests a simple decision-theoretical model of research-unit evolution in which, as managers resolve their uncertainty over time, they shut down under-performing units and remove under-performing...
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Federal research funding to universities is often based on a desire to stimulate innovation - so that they spend … innovation and productivity growth. In this paper we use new data to examine how the main organizational structure used to train …
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. Incentives did not reduce performance there either. Comparing individuals with groups we find that team-work facilitates creative …
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