TY  - RPRT
        AU  - Koch, Alexander K.
AU  - Morgenstern, Albrecht
        TI  - Coordination under the Shadow of Career Concerns
        PY  - 2009/Feb/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 4039
        UR  - https://www.iza.org/index.php/publications/dp4039
        AB  - To innovate, employees need to develop novel ideas and coordinate with each other to turn these ideas into better products and services. Work outcomes provide signals about employees' abilities to the labor market, and therefore career concerns arise. These can both be 'good' (enhancing incentives for effort in developing ideas) and 'bad' (preventing voluntary coordination). Our model shows how the firm designs its explicit incentive system and organizes work processes to take these conflicting forces into account. The comparative statics results suggest a link between the increased use of teams and recent changes in labor market returns to skills.
        KW  - career concerns
KW  - knowledge work
KW  - reputation
KW  - teams
KW  - group incentives
        ER  -