The Research of the Control Rights Incentive Mechanism in Technological Innovation
Wang Chang-lin · Industrial Engineering and Engineering Management · 2005
The incentive mechanism of control rights in technological innovation is researched in this paper. We explain that control rights in technological innovation should be authorization to human resource. The innovation decision-making is a balance of all the share parts of enterprise. The mechanism of balance is based on the control rights mechanism. We build a control rights mechanism model based on the standard principal-agent model. The model states that the control rights is a viable mechanism of technological innovation incentive. It's effective restrict for manager of human resource's control rights.