Excerpt
Excerpt
Creativity Under Fire: The Effects of Competition on Creative Production. Daniel Gross, August 1, 2015, Paper. “Though fundamental to innovation and essential to numerous occupations and industries, the creative act has received limited attention in economics and has historically proven difficult to study. This paper studies the incentive effects of competition on individuals’ creative production. Using a sample of commercial logo design competitions, and a novel, content-based measure of originality, I find that competition has an inverted-U effect on creativity: some competition is necessary to induce agents to explore radically novel…” Link