Balancing Incentives, Risk and Tolerance of Failure for Collaborative Innovation

Idea posted: July 2014

Institutions: University of Virginia Darden Business School   

Authors:

Innovation through collaborative teams can succeed or fail in large part based on resources dedicated to the venture. While many factors may ultimately impact success or failure, all else being…

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Driving Risk Appetite Higher or Lower: Penalties Vs Rewards

Idea posted: January 2013

Institutions: University of Virginia Darden Business School   

Authors:

In many organizations, collaborative innovation teams are utilized to manage new product development initiatives. This involves different types of managers (marketing, operations, engineering, etc.) working together to allocate resources to…

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