The Impact of Extrinsic Reward Systems on Cross-Functional Collaboration and Collaborative Knowledge-Building among Human Capital in the Knowledge Ecosystem

Vol-3 | Issue-11 | November 2018 | Published Online: 10 November 2018    PDF ( 166 KB )
DOI: https://doi.org/10.5281/zenodo.2095997
Author(s)
Dr. Dhopte Sujata 1; Iyer Anupama 2

1Faculty, Department of Economics, M.K. Sanghvi College of Commerce & Economics, Mumbai (India)

2Research Scholar, Pacific University, Udaipur (India)

Abstract

The study explores the role of Extrinsic Reward Systems on Cross-Functional Collaboration and Collaborative Learning among the human capital within the Knowledge Ecosystem. It explores the knowledge ecosystem to understand the motivational processes underlying knowledge-sharing and creation among the human capital. The development of knowledge sharing behaviors will result in greater efforts at collaborative innovation and high performance in organizations. The research aims to study alternative reward strategies and suggests a shift in focus from extrinsic to intrinsic reward and recognition processes that are likely to result in faster learning, knowledge evolution and organizational innovation and performance.

Keywords
Knowledge Ecosystem, Extrinsic Rewards, Cross-Functional Collaboration, Collaborative Knowledge-building, Knowledge Sharing, Employee Recognition
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