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 | |
| 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
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Institutional entrepreneurship: a literature review and analysis of the maturing consulting field
Smets, M. & Reihlen, M., 31 Oct 2012, Handbook of research on entrepreneurship in professional services. Reihlen, M. & Werr, A. (eds.). Edward Elgar, p. 297-317 21 p. (Elgar original reference).Research output: Chapter in Book/Published conference output › Chapter (peer-reviewed) › peer-review
Open AccessFile12 Link opens in a new tab Citations (SciVal)462 Downloads (Pure) -
New career models in UK professional service firms: from up-or-out to up-and-going-nowhere?
Malhotra, N., Morris, T. & Smets, M., 2010, In: International Journal of Human Resource Management. 21, 9, p. 1396-1413 18 p.Research output: Contribution to journal › Article › peer-review
Open AccessFile64 Link opens in a new tab Citations (SciVal)343 Downloads (Pure) -
Multi-level institutional work: maintaining or disputing up-or-out tournaments in elite law firms?
Malhotra, N., Morris, T. & Smets, M., 2008.Research output: Unpublished contribution to conference › Unpublished Conference Paper › peer-review
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