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

Author

Listed:
  • 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)

Abstract

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.

Suggested Citation

  • Agnes Bäker & Werner Güth & Kerstin Pull & Manfred Stadler, 2011. "Creativity, Analytical Skills, Personality Traits, and Innovation Game Behavior in the Lab: An Experiment," Jena Economics Research Papers 2011-056, Friedrich-Schiller-University Jena.
    • Handle: RePEc:jrp:jrpwrp:2011-056
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    File URL: https://oweb.b67.uni-jena.de/Papers/jerp2011/wp_2011_056.pdf
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    References listed on IDEAS

    as
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    Cited by:

    1. Engel, Christoph & Kleine, Marco, 2015. "Who is afraid of pirates? An experiment on the deterrence of innovation by imitation," Research Policy, Elsevier, vol. 44(1), pages 20-33.
    2. Giuseppe Attanasi & Michela Chessa & Sara Gil-Gallen & Patrick Llerena, 2021. "A survey on experimental elicitation of creativity in economics," Revue d'économie industrielle, De Boeck Université, vol. 0(2), pages 273-324.

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    Keywords

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    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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