Managing functional diversity, risk taking and incentives for teams to achieve radical innovations

Abstract

In this study we analyse the effect of team diversity, encouragement to take risks and team incentives on the degree of radicalness of innovation. Empirical research has been conducted with a sample of 95 companies from four innovative industries according to their high number of patents. The results indicate that team diversity and the combined use of long‐ and short‐term incentives are associated with incremental innovation, whereas the development of risk‐taking attitudes within the team is associated with radical innovation.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 125 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.