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Looking Across and Looking Beyond the Knowledge Frontier: Intellectual Distance, Novelty, and Resource Allocation in
Kevin J Boudreau1, Eva C Guinan2, Karim R Lakhani3
1London Business School, London NW1 4SA, United Kingdom; and Harvard Business School, Boston, Massachusetts 02163.
Evaluators favor research projects less familiar to them, a finding impacting scientific funding. This study reveals biases in evaluating novel ideas and allocating resources for scientific knowledge.
Area of Science:
- Management Science
- Innovation Studies
- Organizational Behavior
Background:
- Project selection is crucial for innovating organizations.
- Evaluating frontier scientific research presents unique challenges.
- Intellectual distance between proposals and evaluators' expertise is a key factor.
Purpose of the Study:
- To investigate the relationship between intellectual distance and research project evaluations.
- To understand biases in the assessment of novel scientific ideas.
- To inform resource allocation in scientific endeavors.
Main Methods:
- A grant proposal process was designed and executed at a research university.
- Evaluators and proposals were randomly assigned, creating 2,130 evaluator-proposal pairs.
- Systematic evaluation patterns were analyzed.
Main Results:
- Evaluators assigned lower scores to research proposals closer to their expertise.
- Highly novel research proposals also received systematically lower scores.
- Findings suggest boundedly rational biases in evaluating new ideas.
Conclusions:
- Intellectual distance influences research evaluation, contrary to simple noise or self-interest.
- Understanding these biases is critical for effective policy and resource allocation.
- This research has implications for managing scientific knowledge accumulation.
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