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Motivation and Incentives



                              FITT
– Fostering Interregional Exchange in ICT Technology Transfer –



                                 www.FITT-for-Innovation.eu
Except where otherwise noted, this work is licensed under a Creative Commons Attribution 3.0 License.
Motivation and Incentives


         Motivation and Incentives: the process by which researchers are
         triggered to work goal oriented and enduringly keep up the good work.


         Incentives are any factors (financial or non-financial) that enables or
         motivates a particular course of action, or counts as a reason for preferring
         one choice to the alternatives.


         Motivation is the activation or energisation of goal-oriented behaviour, it
         may be internal or external.




2 | 03.2011                          Motivation and Incentives
Motivation and Incentives

 Incentives can be classified according to the different ways in which
    they motivate agents to take a particular course of action.
 1. Remunerative incentives (or financial incentives) are said to exist where
    an agent can expect some form of material reward — especially money —
    in exchange for acting in a particular way.
 2. Moral incentives are said to exist where a particular choice is widely
    regarded as the right thing to do, or as particularly admirable, or where the
    failure to act in a certain way is condemned as indecent. A person acting
    on a moral incentive can expect a sense of self-esteem, and approval or
    even admiration from his community; a person acting against a moral
    incentive can expect a sense of guilt, and condemnation or even ostracism
    from the community.
 3. Coercive incentives are said to exist where a person can expect that the
    failure to act in a particular way will result in physical force being used
    against them (or their loved ones) by others in the community — for
    example, by inflicting pain in punishment, or by imprisonment, or by
    confiscating or destroying their possessions.


3 | 03.2011                       Motivation and Incentives
Motivation and Incentives


    Incentives are an expectation that encourages people to behave in a certain way.
    It aims at providing value for money and contributing to organizational success



    Motivation can be extrinsic or intrinsic.
    Intrinsic motivation:


              Wants to intrinsically motivate researchers to become entrepreneurs
              It entails personal factors such as self satisfaction, personal goals
              Necessary to create an entrepreneurial intention


                            Entrepreneurship seminar
                            Masterclass in entrepreneurial skills



4 | 03.2011                                  Motivation and Incentives
Entrepreneurship Seminar


  3-days residential interactive seminar about company creation
     • role-playing (participants develop and present their project)

     • coaching

     • teaching (INRIA-Transfert staff & invited experts)

  A starter for researchers - entrepreneurs
     • arrange the situation of company creation & growth that they have to manage

     • give an opportunity to express their ideas & provide feedback

     • provide essential information, tools, contacts

  Goal: to convince the “would – be” entrepreneurs
     • changing mindsets

     • encouraging to enter the business environment


5 | 03.2011                            Motivation and Incentives
Masterclass in Entrepreneurial Skills


   An ICT dedicated master class in innovation and entrepreneurship in
 cooperation with a Management School


    Periodical multiple day training session


   Participants are selected researchers from research institutes or
 industrial partners that cooperate in IBBT research projects


   Aims to support the development and implementation of research results
 into business




6 | 03.2011                        Motivation and Incentives
Motivation and Incentives


     Motivation can be extrinsic or intrinsic.
    Extrinsic motivation:


              Wants to acknowledge and reward researchers for what they have done
              It entails monetary awards and prestige awards
              This increases the perception of fairness and motivates researchers


                          Financial incentives – income distribution rule
                          Award for transfer projects
                          Framework for involving researchers in spin-offs



7 | 03.2011                             Motivation and Incentives
Financial Incentives – Income Distribution Rule


       The Income Distribution Rule is a Distribution Key of the incomes resulting
         from Technology Transfers


       In other words, it is a reward given to Researchers and Laboratories in the
          case of a technology transfer.


       It consists in granting all major actors of the University involved in a
           technology transfer a fair revenue share in order to keep them involved
           and motivated.


       Moreover, this fair revenue is also supposed to incent all actors to launch
         and achieve more technology transfer projects.




8 | 03.2011                          Motivation and Incentives
Award for Transfer Projects




               Follow-up of the winning projects

9 | 03.2011           Motivation and Incentives
Framework for Involving Researchers in Spin-Offs




  Really favourable conditions for public research employees to be involved with private companies
exploiting their work !

10 | 03.2011                            Motivation and Incentives
Suggested Readings


  Link to bibliography

  Link to code book

           Entrepreneur

           Knowledge valorization

           Business opportunity

  Link to related websites
           http://en.wikipedia.org/wiki/Incentive




11 | 03.2011                          Motivation and Incentives

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FITT Toolbox: Motivation & Incentives

  • 1. Motivation and Incentives FITT – Fostering Interregional Exchange in ICT Technology Transfer – www.FITT-for-Innovation.eu Except where otherwise noted, this work is licensed under a Creative Commons Attribution 3.0 License.
  • 2. Motivation and Incentives Motivation and Incentives: the process by which researchers are triggered to work goal oriented and enduringly keep up the good work. Incentives are any factors (financial or non-financial) that enables or motivates a particular course of action, or counts as a reason for preferring one choice to the alternatives. Motivation is the activation or energisation of goal-oriented behaviour, it may be internal or external. 2 | 03.2011 Motivation and Incentives
  • 3. Motivation and Incentives Incentives can be classified according to the different ways in which they motivate agents to take a particular course of action. 1. Remunerative incentives (or financial incentives) are said to exist where an agent can expect some form of material reward — especially money — in exchange for acting in a particular way. 2. Moral incentives are said to exist where a particular choice is widely regarded as the right thing to do, or as particularly admirable, or where the failure to act in a certain way is condemned as indecent. A person acting on a moral incentive can expect a sense of self-esteem, and approval or even admiration from his community; a person acting against a moral incentive can expect a sense of guilt, and condemnation or even ostracism from the community. 3. Coercive incentives are said to exist where a person can expect that the failure to act in a particular way will result in physical force being used against them (or their loved ones) by others in the community — for example, by inflicting pain in punishment, or by imprisonment, or by confiscating or destroying their possessions. 3 | 03.2011 Motivation and Incentives
  • 4. Motivation and Incentives Incentives are an expectation that encourages people to behave in a certain way. It aims at providing value for money and contributing to organizational success Motivation can be extrinsic or intrinsic. Intrinsic motivation: Wants to intrinsically motivate researchers to become entrepreneurs It entails personal factors such as self satisfaction, personal goals Necessary to create an entrepreneurial intention Entrepreneurship seminar Masterclass in entrepreneurial skills 4 | 03.2011 Motivation and Incentives
  • 5. Entrepreneurship Seminar 3-days residential interactive seminar about company creation • role-playing (participants develop and present their project) • coaching • teaching (INRIA-Transfert staff & invited experts) A starter for researchers - entrepreneurs • arrange the situation of company creation & growth that they have to manage • give an opportunity to express their ideas & provide feedback • provide essential information, tools, contacts Goal: to convince the “would – be” entrepreneurs • changing mindsets • encouraging to enter the business environment 5 | 03.2011 Motivation and Incentives
  • 6. Masterclass in Entrepreneurial Skills An ICT dedicated master class in innovation and entrepreneurship in cooperation with a Management School Periodical multiple day training session Participants are selected researchers from research institutes or industrial partners that cooperate in IBBT research projects Aims to support the development and implementation of research results into business 6 | 03.2011 Motivation and Incentives
  • 7. Motivation and Incentives Motivation can be extrinsic or intrinsic. Extrinsic motivation: Wants to acknowledge and reward researchers for what they have done It entails monetary awards and prestige awards This increases the perception of fairness and motivates researchers Financial incentives – income distribution rule Award for transfer projects Framework for involving researchers in spin-offs 7 | 03.2011 Motivation and Incentives
  • 8. Financial Incentives – Income Distribution Rule The Income Distribution Rule is a Distribution Key of the incomes resulting from Technology Transfers In other words, it is a reward given to Researchers and Laboratories in the case of a technology transfer. It consists in granting all major actors of the University involved in a technology transfer a fair revenue share in order to keep them involved and motivated. Moreover, this fair revenue is also supposed to incent all actors to launch and achieve more technology transfer projects. 8 | 03.2011 Motivation and Incentives
  • 9. Award for Transfer Projects Follow-up of the winning projects 9 | 03.2011 Motivation and Incentives
  • 10. Framework for Involving Researchers in Spin-Offs Really favourable conditions for public research employees to be involved with private companies exploiting their work ! 10 | 03.2011 Motivation and Incentives
  • 11. Suggested Readings Link to bibliography Link to code book Entrepreneur Knowledge valorization Business opportunity Link to related websites http://en.wikipedia.org/wiki/Incentive 11 | 03.2011 Motivation and Incentives