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Who is attracted by teamwork? Evidence of multidimensional sorting from a real-effort experiment

We analyze the factors that drive an individual’s self-selection decision between (1) working individually and being paid for individual performance and (2) working on a team and being paid for team performance. While the literature has focused on task specific ability as a self-selection criterion, we also investigate the effects of teamwork skills, expectations concerning the task…

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English / 01/01/2017

Combining knowledge stock and knowledge flow to generate superior incremental innovation performance - Evidence from Swiss manufacturing

Firms generate new knowledge that leads to innovations by recombining existing knowledge sources. A successful recombination depends on the availability of a knowledge stock (human capital pool) and the flow of knowledge within the firm (induced by HRM systems). While human resource theory expects complementarities between human capital pools and HRM systems, it does not explicitly…

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English / 01/01/2017

Do research training groups operate at optimal size?

In this paper, we analyze whether structured PhD programs operate at optimal size and whether there are differences between different disciplinary fields. Theoretically, we postulate that the relation between the size of a PhD program and program performance is hump shaped. For our empirical analysis, we use hand-collected data on 86 Research Training Groups (RTGs) funded by the…

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English / 01/01/2017

Investieren in Mikrofinanz. Erträge und Risiken aus einer Perspektive der Verantwortung

Die Autorinnen schreiben den Akteuren der Mikrofinanzidustrie eine besonder Verantwortung für uhre Kunden, die ärmeren Bevölkerungsschichten, zu. Anders als in der konventionellen Finanzindustrie sind Mikrofinanzkunden in besonderem Masse verwundbar, vulnerabel. Diese Besonderheit rechtfertigt es, hohe Anforderungen an den Kundenschutz zu stellen. Ein solcher scheint zusätzlich…

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Deutsch / 01/01/2017

The circular unitary ensemble and the Riemann zeta function: the microscopic landscape and a new approach to ratios

We show in this paper that after proper scalings, the characteristic polynomial of a random unitary matrix converges to a random analytic function whose zeros, which are on the real line, form a determinantal point process with sine kernel. Our scaling is performed at the so-called “microscopic” level, that is we consider the characteristic polynomial at points whose distance to $1$…

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English / 01/01/2017

Analysing the sensitivity of nestedness detection methods

Many bipartite and unipartite real-world networks display a nested structure. Examples pervade different disciplines: biological ecosystems (e.g. mutualistic networks), economic networks (e.g. manufactures and contractors networks) to financial networks (e.g. bank lending networks), etc. A nested network has a topology such that a vertex’s neighbourhood contains the neighbourhood of…

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English / 01/01/2017

Characteristics of project-based alliances: evidence from the automotive industry

As organisational governance has evolved from hierarchical structures to relational networks, project-based alliances are increasingly employed by automakers as part of their innovation strategy. In this study, we explore characteristics of different types of project-based alliances in the automotive industry. Employing dyadic data drawn from 59 new product development project-based…

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English / 01/01/2017

Reward, value, and salience

Value and salience are key variables for associative learning, decision-making, and attention. In this chapter we review definitions of value and salience, and describe human neuroimaging studies that dissociate these variables. Value increases with the magnitude and probability of reward but decreases with the magnitude and probability of punishment, whereas salience increases with…

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English / 01/01/2017

Protektionismus ist keine Lösung

Die Globalisierung hat in den USA Arbeitsplätze gekostet. Diese Stellen lassen sich mit Einschränkungen des internationalen Handels jedoch nicht gezielt zurückholen.

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Deutsch / 19/12/2016

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