WHAT IS THE BEST WAY TO ENCOURAGE INNOVATION? COMPETITIVE PAY MAY BE THE ANSWER

Economists and business leaders agree that innovation is a major force behind economic growth, but many disagree on what is the best way to encourage workers to produce the 'think-outside-of-the-box' ideas that create newer and better products and services. New research indicates that competitive 'winner-takes-all' pay structures are most effective in getting the creative juices flowing that help fuel economic growth.

ScienceDaily.com (Date:02/14/2020 20:49) Read full article >>

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