Meritocracy and Innovation: Is There a Link? Empirical Evidence from Firms in Brazil
dc.contributor.author | Barros, Henrique Machado | |
dc.contributor.author | SERGIO GIOVANETTI LAZZARINI | |
dc.coverage.cidade | São Paulo | pt_BR |
dc.coverage.pais | Brasil | pt_BR |
dc.creator | Barros, Henrique Machado | |
dc.date.accessioned | 2023-07-13T20:12:10Z | |
dc.date.available | 2023-07-13T20:12:10Z | |
dc.date.issued | 2009 | |
dc.description.abstract | We investigate whether meritocracy affects firms’ innovation performance. More specifically, we empirically evaluate the prediction that the use of higher performance-based pay and promotion should lead to a higher percentage of firm revenues coming from innovations in products and services. To test this prediction, we employ a survey of 370 Brazilian firms in a broad range of industries. Our two-stage regressions, devised to account for potential endogeneity, indicate that while the use of performance-based promotion strongly affects innovation, the effect of contingent pay is marginal. Apparently, the long-term feature of promotion-based meritocracy is more effective to tap into individuals’ creativity than is short-term pay. Our study sheds light on the debate about how organizational practices can affect the innovative potential of firms. | |
dc.description.other | We investigate whether meritocracy affects firms’ innovation performance. More specifically, we empirically evaluate the prediction that the use of higher performance-based pay and promotion should lead to a higher percentage of firm revenues coming from innovations in products and services. To test this prediction, we employ a survey of 370 Brazilian firms in a broad range of industries. Our two-stage regressions, devised to account for potential endogeneity, indicate that while the use of performance-based promotion strongly affects innovation, the effect of contingent pay is marginal. Apparently, the long-term feature of promotion-based meritocracy is more effective to tap into individuals’ creativity than is short-term pay. Our study sheds light on the debate about how organizational practices can affect the innovative potential of firms. | pt_BR |
dc.format.extent | 31 p. | pt_BR |
dc.format.medium | Digital | pt_BR |
dc.identifier.issue | BEWP 072/2009 | |
dc.identifier.uri | https://repositorio.insper.edu.br/handle/11224/5754 | |
dc.language.iso | Inglês | pt_BR |
dc.publisher | Insper | pt_BR |
dc.publisher | IBMEC São Paulo | pt_BR |
dc.relation.ispartofseries | Insper Working Paper | pt_BR |
dc.rights.license | O INSPER E ESTE REPOSITÓRIO NÃO DETÊM OS DIREITOS DE USO E REPRODUÇÃO DOS CONTEÚDOS AQUI REGISTRADOS. É RESPONSABILIDADE DO USUÁRIO VERIFICAR OS USOS PERMITIDOS NA FONTE ORIGINAL, RESPEITANDO-SE OS DIREITOS DE AUTOR OU EDITOR | pt_BR |
dc.subject.keywords | innovation | pt_BR |
dc.subject.keywords | incentives | pt_BR |
dc.subject.keywords | meritocracy | pt_BR |
dc.subject.keywords | compensation | pt_BR |
dc.subject.keywords | promotion | pt_BR |
dc.title | Meritocracy and Innovation: Is There a Link? Empirical Evidence from Firms in Brazil | pt_BR |
dc.type | working paper | |
dspace.entity.type | Publication | |
local.subject.cnpq | Ciências Sociais Aplicadas | pt_BR |
local.type | Working Paper | pt_BR |
relation.isAuthorOfPublication | 4ee022f9-7466-405d-ae1a-6b1e33f611e8 | |
relation.isAuthorOfPublication.latestForDiscovery | 4ee022f9-7466-405d-ae1a-6b1e33f611e8 |
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