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Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, … - Centre for Economic Performance, LSE - 2013

We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …

Persistent link: https://www.econbiz.de/10010655943

A Trapped Factors Model of Innovation

Bloom, Nicholas; Romer, Paul; Terry, Stephen; Reenen, … - Centre for Economic Performance, LSE - 2013

When will reducing trade barriers against a low wage country cause innovation to increase in high wage regions like the … cost of innovating falls. Interestingly, the "China shock" is more likely to induce innovation than liberalization with … be faster long-run growth through innovation in the US and that, in the short run, this is magnified by the trapped …

Persistent link: https://www.econbiz.de/10010610737

Trapped Factors and China's Impact on Global Growth

Bloom, Nicholas; Romer, Paul; Terry, Stephen; Reenen, … - Centre for Economic Performance, LSE - 2014

long-run growth by increasing the profit from innovation. In the short run, factors of production must be reallocated … inside firms, which lowers the opportunity cost of innovation, generating an additional "trapped factor" effect. Starting …

Persistent link: https://www.econbiz.de/10010747939

IT and Management in America

Bloom, Nicholas; Brynjolfsson, Erik; Foster, Lucia; … - Centre for Economic Performance, LSE - 2014

, higher rates of innovation and faster employment growth. Second, there is a substantial dispersion of management practices …

Persistent link: https://www.econbiz.de/10010741465

In brief: Management in America

Bloom, Nicholas; Brynjolfsson, Erik; Foster, Lucia; … - Centre for Economic Performance, LSE - 2014

There are strong links between the performance of US manufacturing plants and the quality of their systems of monitoring, targets and incentives, according to research by Professor Nicholas Bloom and colleagues. Their analysis of data on more than 30,000 establishments, gathered in the first...

Persistent link: https://www.econbiz.de/10010765686

Fluctuations in Uncertainty

Bloom, Nicholas - Centre for Economic Performance, LSE - 2013

stimulate longer-run innovation. Finally, in terms of the Great Recession, the large jump in uncertainty in 2008 potentially …

Persistent link: https://www.econbiz.de/10010721674

Technology, Information and the Decentralization of the Firm

Acemoglu, Daron; Aghion, Philippe; Lelarge, Claire; … - Centre for Economic Performance, LSE - 2006

This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. Decentralized control, on the...

Persistent link: https://www.econbiz.de/10005151064

Management Practices Across Firms and Countries

Bloom, Nicholas; Genakos, Christos; Sadun, Raffaella; … - Centre for Economic Performance, LSE - 2011

For the last decade we have been using double-blind survey techniques and randomized sampling to construct management data on over 10,000 organizations across twenty countries. On average, we find that in manufacturing American, Japanese, and German firms are the best managed. Firms in...

Persistent link: https://www.econbiz.de/10009399380

Human Resource Management and Productivity

Bloom, Nicholas; Reenen, John Van - Centre for Economic Performance, LSE - 2010

In this chapter we examine the relationship between Human Resource Management (HRM) and productivity. HRM includes incentive pay (individual and group) as well as many nonpay aspects of the employment relationship such as matching (hiring and firing) and work organization (e.g. teams, autonomy)....

Persistent link: https://www.econbiz.de/10008542738

Recent Advances in the Empirics of Organizational Economics

Bloom, Nicholas; Sadun, Raffaella; Reenen, John Van - Centre for Economic Performance, LSE - 2010

We present a survey of recent contributions in the empirical organizational economics, focusing on management practices and decentralization. Productivity dispersion between firms and countries has motivated the improved measurement of firm organization across industries and countries. There...

Persistent link: https://www.econbiz.de/10008542751