CeDEx
Centre for Decision Research and Experimental Economics

CeDEx Seminar - Glenn Dutcher (Ohio University)

Location
A40 Sir Clive Granger Building
Date(s)
Wednesday 22nd March 2023 (13:00-14:00)
Description

Creative capital generation: the role of diverse teams, experience, and communication

The capacity to create is vital to many organizations’ success, yet we know very little about how this capacity is generated or maintained. Our study uses a carefully controlled experiment to show that, relative to a baseline where only learning-by-doing is present, creative capital generation through communication alone is ineffective; however, face-to-face engagement on the task within a diverse team works quite well. Latent semantic analysis indicates that diversity is key because teammates’ ideas tend to cross-fertilize during face-to-face engagement. Our study is the first to explore human capital determinants of creativity in economically meaningful settings and suggests newly discovered benefits of teamwork in this setting, and challenges generalizations made outside of the creative framework.

Centre for Decision Research and Experimental Economics

Sir Clive Granger Building
University of Nottingham
University Park
Nottingham, NG7 2RD

telephone: +44 (0)115 951 5458
Enquiries: jose.guinotsaporta@nottingham.ac.uk
Experiments: cedex@nottingham.ac.uk