What is the best way to encourage innovation Competitive pay may be the answer

What is the best way to encourage innovation? Competitive pay may be the answer

19:00 EST 11 Feb 2020 | AAAS

(University of California - San Diego) 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 from the University of California San Diego indicates that competitive 'winner-takes-all' pay structures are most effective in getting the creative juices flowing that help fuel economic growth.

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