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Competitions (Korea)

💼 Business By CampusDown Wiki Editorial Team Last updated
Contests where participants submit ideas or works to an organiser's brief.
Contents
  1. 1. History and scholarship
  2. 2. Key points
  3. 3. In practice
  4. 4. FAQ
  5. 5. References

History and scholarship

Lazear and Rosen (1981) modelled rank-order tournaments; Terwiesch and Xu (2008) and Boudreau et al. (2011) analysed innovation contests; Howe (2006) coined crowdsourcing; Amabile (1983) and Kolb (1984) frame motivation and reflection.

Key points

Read theme, criteria, format and IP clauses; proposals usually run problem → evidence → idea → plan → impact. Laws, programmes, visa rules and hiring practice change; check official notices, current law and actual postings.

In practice

Even without awards, use STAR for cover letters; check IP and any fees in the rules.

FAQ

Worthless without an award?
No, if you explain your contribution.
Team or solo?
Whichever shows your role.

Sources reviewed: 2026-10-26

References

  1. Lazear, E. P., & Rosen, S. (1981). Rank-order tournaments as optimum labor contracts. Journal of Political Economy, 89(5), 841–864.
  2. Amabile, T. M. (1983). The Social Psychology of Creativity. Springer-Verlag.
  3. Kolb, D. A. (1984). Experiential Learning. Prentice Hall.
  4. Howe, J. (2006). The rise of crowdsourcing. Wired, 14(6).
  5. Terwiesch, C., & Xu, Y. (2008). Innovation contests, open innovation, and multiagent problem solving. Management Science, 54(9), 1529–1543.
  6. Boudreau, K. J., Lacetera, N., & Lakhani, K. R. (2011). Incentives and problem uncertainty in innovation contests: An empirical analysis. Management Science, 57(5), 843–863.
  7. 고용24(고용노동부). https://www.work24.go.kr
  8. 국가법령정보센터. https://www.law.go.kr

Reports and materials that use this theory (Korean)

There are no materials dedicated to this theory yet, but you can search related reports in the CampusDown library (Korean).

Find more reports · Search '공모전' on CampusDown →
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This article was last updated on October 26, 2026. It is based on widely recognized original works and textbooks; when citing it in a paper, please check the original sources listed in the references.