Self-Interested Individual Motivation

A Self-Interested Individual Motivation is an individual motivation that is a self-interested motivation.

• Example(s):
  • Stock Market Speculation.
  • Real Estate Speculation.
  • …
• Counter-Example(s):
  • an Other-Interested Individual Motivation.
• See: Self-Interested Organizational Motivation.

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References

1992

• (Kogut & Zander, 1992) ⇒ Bruce Kogut, and Udo Zander. (1992). “Knowledge of the Firm, Combinative Capabilities, and the Replication of Technology.” In: Organization science, 3(3). doi:10.1287/orsc.3.3.383
  • QUOTE: How should we understand why firms exist? A prevailing view has been that they serve to keep in check the transaction costs arising from the self-interested motivations of individuals. We develop in this article the argument that what firms do better than markets is the sharing and transfer of the knowledge of individuals and groups within an organization.

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