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Creativity, Analytical Skills, Personality Traits, and Innovation Game Behavior in the Lab: An Experiment

  • Agnes Bäker

    (University of Tübingen, Department of Business and Economics)

  • Werner Güth

    ()

    (Max Planck Institute of Economics, Strategic Interaction Group)

  • Kerstin Pull

    ()

    (University of Tübingen, Department of Business and Economics)

  • Manfred Stadler

    ()

    (University of Tübingen, Department of Business and Economics)

nnovative behavior is mostly studied theoretically, e.g., in models of patent races, and empirically, e.g., by using R&D or patent data. This research, however, is only poorly informed about the psychological tradition of creativity research. Our study is an attempt to experimentally collect behavioral data revealing in how far creativity, analytical skills, personality traits and innovation game behavior in the lab are interrelated. With the help of a within-subject design we find that participants' performance in the innovation games is in fact related to their creativity, risk tolerance and self-control. Other personality traits such participants' anxiety, independence, tough-mindedness and extraversion, if any, only play a minor role, and the same is true for participants' analytical skills.

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File URL: http://pubdb.wiwi.uni-jena.de/pdf/wp_2011_056.pdf
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Paper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers with number 2011-056.

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Date of creation: 09 Nov 2011
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Handle: RePEc:jrp:jrpwrp:2011-056
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  1. Cowan Robin & Jonard Nicolas & Özman Müge, 2003. "Knowledge Dynamics in a Network Industry," Research Memorandum 003, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
  2. Xavier Vives, 2008. "INNOVATION AND COMPETITIVE PRESSURE -super-* ," Journal of Industrial Economics, Wiley Blackwell, vol. 56(3), pages 419-469, December.
  3. Martin Kukuk & Manfred Stadler, 2000. "Financing Constraints and the Timing of Innovations in the German Services Sector," Econometric Society World Congress 2000 Contributed Papers 0893, Econometric Society.
  4. Flaig, Gebhard & Stadler, Manfred, 1994. "Success breeds success. The dynamics of the innovation process," Munich Reprints in Economics 20366, University of Munich, Department of Economics.
  5. d'Aspremont, C & Gabszewicz, Jean Jaskold & Thisse, J-F, 1979. "On Hotelling's "Stability in Competition"," Econometrica, Econometric Society, vol. 47(5), pages 1145-50, September.
  6. Martin Kukuk & Manfred Stadler, 2005. "Market Structure and Innovation Races, An Empirical Assessment Using Indirect Inference," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), Justus-Liebig University Giessen, Department of Statistics and Economics, vol. 225(4), pages 427-440, July.
  7. Malerba, Franco, 2007. "Innovation and the dynamics and evolution of industries: Progress and challenges," International Journal of Industrial Organization, Elsevier, vol. 25(4), pages 675-699, August.
  8. Anderson, Simon P. & Goeree, Jacob K. & Ramer, Roald, 1997. "Location, Location, Location," Journal of Economic Theory, Elsevier, vol. 77(1), pages 102-127, November.
  9. Nti, Kofi O, 1997. "Comparative Statics of Contests and Rent-Seeking Games," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 38(1), pages 43-59, February.
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