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Are the risks of being creative manageable? The case of public research in Hard Science

Author

Listed:
  • Ylenia Curci
  • Mireille Matt
  • Isabelle Billard
  • Thierry Burger-Helmchen

Abstract

This study analyses the risk associated to creative research in the field of Hard Science. The theoretical framework in which the research question has been developed affirms that researchers’ creativity and their risk aversion are negatively correlated. In the analysis of two case study, we found that many of the sources of the different risks perceived by researchers are generated by a misfit between scientists’ goals and mission of the organization in which they operate. In this research, we found that scientists show aversion for a great variety of risks, which mainly change according to the research field, to the nature of the research (basic vs applied), to the composition of the research team and to the type of research activities (experimental vs theoretical). This paper develops a categorization of the observed risks and proposes the exploitation of some resources in order to decrease the impacts of the risks on researchers’ creativity.

Suggested Citation

  • Ylenia Curci & Mireille Matt & Isabelle Billard & Thierry Burger-Helmchen, 2017. "Are the risks of being creative manageable? The case of public research in Hard Science," Working Papers of BETA 2017-30, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    • Handle: RePEc:ulp:sbbeta:2017-30
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    References listed on IDEAS

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    More about this item

    Keywords

    creativity management; leadership; economics of science.;
    All these keywords.

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • L30 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - General
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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