Labs and academic departments: Don’t expect to boost performance with just a new hire

Hiring new, more productive scientists is considered an effective way to raise a research-based organization’s performance via a direct effect (the new hire’s contribution) and a stimulus to incumbent scientists’ productivity. New research by Andrea Fosfuri (Bocconi University) with Kremena Slavova (Middlesex University Business School) and Julio De Castro (IE Business School) highlights that the positive effect on incumbents is rather small and subject to conditions. —> Read More

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