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Web of Proceedings - Francis Academic Press

Literature review on incentive mechanism of new product R&D team

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DOI: 10.25236/ACEPMB.2019.008

Author(s)

Zenghai Wu, Jin Yang

Corresponding Author

Jin Yang

Abstract

This article has combed the literature related to the incentive mechanism of the new product R&D team. And we divided the total incentives into macro and micro levels, while most literature studies focus on the setting of the incentive mechanism at the micro level. It includes: external pay, career replanning, internal knowledge sharing incentives, job incentives and organizational incentives. On the basis of this, it is pointed out that the future should pay more attention to exploring knowledge sharing incentives from R&D team level to improve the ability to innovate knowledge and transform it into products into a market.

Keywords

R&D team; External incentive; Internal incentives