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Tournaments for ideas

  • John Morgan
  • , Richard Wang

Research output: Contribution to journalArticlepeer-review

Abstract

Governments and foundations have successfully harnessed tournaments to spur innovation. Yet this tool is not widely used by firms. This article presents a framework for managers seeking to organize tournaments for ideas. It examines the theoretical underpinnings of tournaments and then conneds this analysis with three recent innovations - the power of the network, the wisdom of crowds, and the power of love - that can boost the effectiveness of tournaments.

Original languageEnglish (US)
Pages (from-to)77-97
Number of pages21
JournalCalifornia Management Review
Volume52
Issue number2
DOIs
StatePublished - 2010

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