Kevin J Boudreau and Karim R Lakhani, How Disclosure Policies Impact Search in Open Innovation, Harvard Business School Technical and Operations Management Working Paper (2013). One of the central tensions in the institutional design of innovation regimes is the trade-off between incentives and disclosure. Innovation systems, including intellectual property systems, are created to optimize creative output by balancing ex ante incentives for initial creators with ex post disclosure of the innovation to follow-on creators and the public. According to accepted theory, the more rigorous the disclosure — in terms of when and how it occurs — the weaker the incentives. But a fascinating new experiment by Kevin Boudreau and Karim Lakhani suggests that differences in disclosure regimes can affect not just the amount of innovation but also the kind of innovation that takes place … (more)
[Chris Buccafusco, JOTWELL, 2 May]
First posted 2014-05-02 12:35:44
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