Role of Information Technology, Incentives, and Collaboration for Concurrent Teams

摘要

Concurrent team strategy is widely employed by firms in large projects. This research investigates the design of incentives and the role of collaboration for concurrent teams. Proposing and studying two types of reward policies: individual-based reward (IBR) and group-based reward (GBR), we characterize the structure of incentives, and demonstrate that firms can achieve maximal profits with collaborative concurrent teams under the IBR policy. We also study the role of IT in facilitating collaboration and discuss when IT investments are more valuable.