Changing career models and capacity for innovation in professional services

Michael Smets; Timothy Morris; Namrata Malhotra

doi:10.4337/9781848446267.00017

Changing career models and capacity for innovation in professional services

Michael Smets, Timothy Morris, Namrata Malhotra

Research output: Chapter in Book/Published conference output › Chapter (peer-reviewed) › peer-review

Abstract

A number of professional sectors have recently moved away from their longstanding career model of up-or-out promotion and embraced innovative alternatives. Professional labor is a critical resource in professional service firms. Therefore, changes to these internal labor markets are likely to trigger other innovations, for example in knowledge management, incentive schemes and team composition. In this chapter we look at how new career models affect the core organizing model of professional firms and, in turn, their capacity for and processes of innovation. We consider how professional firms link the development of human capital and the division of professional labor to distinctive demands for innovation and how novel career systems help them respond to these demands.

Original language	English
Title of host publication	Handbook of research on entrepreneurship in professional services
Editors	Markus Reihlen, Andreas Werr
Publisher	Edward Elgar
Pages	127-147
Number of pages	21
ISBN (Electronic)	978-1-78100-910-9
ISBN (Print)	978-1-84844-626-7, 1-84844-626-8
DOIs	https://doi.org/10.4337/9781848446267.00017
Publication status	Published - 31 Oct 2012

Publication series

Name	Elgar original reference
Publisher	Edward Elgar publishing

Bibliographical note

The chapter is for personal use only and directing any queries about re-use to Edward Elgar Publishing.

Keywords

careers
promotion
tournament theory
innovation
professional service firms

Access to Document

10.4337/9781848446267.00017

Changing career models and capacity for innovation
The chapter is for personal use only and directing any queries about re-use to Edward Elgar Publishing.
Final published version, 101 KB

http://www.e-elgar.co.uk/bookentry_main.lasso?id=13603&breadcrumlink=&breadcrum=&sub_values=&site_Bus_Man=&site_dev=&site_eco=&site_env_eco=&site_inn_tech=&site_int_pol=&site_law=&site_pub_soc=

Cite this

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Changing career models and capacity for innovation in professional services. / Smets, Michael; Morris, Timothy; Malhotra, Namrata.
Handbook of research on entrepreneurship in professional services. ed. / Markus Reihlen; Andreas Werr. Edward Elgar, 2012. p. 127-147 (Elgar original reference).

Research output: Chapter in Book/Published conference output › Chapter (peer-reviewed) › peer-review

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Changing career models and capacity for innovation in professional services

Abstract

Publication series

Bibliographical note

Keywords

Access to Document

Other files and links

Fingerprint

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Cite this