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The growth potential of startups over the business cycle

Sedlacek, Petr; Sterk, Vincent - London School of Economics (LSE) - 2014

This paper shows that job creation of cohorts of U.S. firms is strongly influenced by aggregate conditions at the time of their entry. Using data from the Business Dynamics Statistics (BDS) we follow cohorts of young firms and document that their employment levels are very persistent and largely...

Persistent link: https://www.econbiz.de/10011126359

The impact of private ownership, incentives and local development objectives on university technology transfer performance

Belenzon, Sharon; Schankerman, Mark - London School of Economics (LSE) - 2007

We study the impact of private ownership, incentive pay and local development objectives on university licensing performance. We develop and test a simple contracting model of technology licensing offices, using new survey information together with panel data on U.S. universities for 1995-99. We...

Persistent link: https://www.econbiz.de/10010744928

Is seniority-based pay used as a motivation device? Evidence from plant level data

Bayo-Moriones, Alberto; Galdon-Sanchez, Jose E.; Guell, Maia - London School of Economics (LSE) - 2004

the provision of incentives. Unlike previous papers, we use a direct measure of seniority-based pay as well as measures of … incentives. They are also less likely to invest in monitoring devices. We also find that firms that offer seniority-based pay are …

Persistent link: https://www.econbiz.de/10010745067

On the structure of tenancy contracts: theory and evidence from 19th century rural Sicily

Bandiera, Oriana - London School of Economics (LSE) - 2000

the need to provide incentives for non-observable investment, taking into account transaction costs and imperfections in … compensation scheme are used to provide incentives within the same contract, joint analysis is important for a correct …

Persistent link: https://www.econbiz.de/10010745417

Incentives in competitive search equilibrium

Moen, Espen R.; Rosen, Asa - London School of Economics (LSE) - 2007

This paper analyses the interaction between internal agency problems within firms and external search frictions when workers have private information. We show that the allocation of resources is determined by a modified Hosios Rule. We then analyze the effect of changes in the macro economic...

Persistent link: https://www.econbiz.de/10010745548

Not all incentives wash out the warm glow: the case of blood donation revisited

Costa-i-Font, Joan; Jofre-Bonet, Mireia; Yen, Steven T. - London School of Economics (LSE) - 2012

) famously pointed out, providing monetary incentives to blood donors may crowd out blood supply as purely altruistic donors may … paper we examine how favouring different types of incentives are related to the likelihood of donating blood by exploiting a … and attitudes towards incentives. Our results show those who have donated are less likely to favour monetary rewards for …

Persistent link: https://www.econbiz.de/10010745926

Harnessing success: determinants of university technology licensing performance

Belenzon, Sharon; Schankerman, Mark - London School of Economics (LSE) - 2007

We study the impact of incentive pay, local development objectives and government constraints on university licensing performance. We develop and test a simple contracting model of technology licensing offices, using new survey information together with panel data on U.S. universities for...

Persistent link: https://www.econbiz.de/10010746044

Ownership, incentives and monitoring

Bai, Chong-En; Xu, Cheng-Gang - London School of Economics (LSE) - 2001

This paper studies the effect of ownership structure on workers’ incentives for investing in firm-specific human … capital. Particularly, we analyse such incentives and monitoring under employee ownership and capitalist ownership. In our …

Persistent link: https://www.econbiz.de/10010746375

Matchmaking: the influence of monitoring environments on the effectiveness of performance pay systems

Belfield, Richard; Marsden, David - London School of Economics (LSE) - 2002

This study uses cross-section and panel data from the 1998 Workplace Employee Relations Survey to explore contextual influences on the relationship between performance-related pay (PRP) and organizational performance. While it finds strong evidence that the use of PRP can enhance performance...

Persistent link: https://www.econbiz.de/10010746416

Does performance pay de-motivate, and does it matter?

French, Stephen; Kubo, Katsuyuki; Marsden, David - London School of Economics (LSE) - 2001

The sheer scale and speed of the shift of payment system from time-based salaries to performancerelated pay, PRP, in the British public services provides a unique opportunity to test the effects of incentive pay schemes. This study is based on the first large scale survey designed to measure the...

Persistent link: https://www.econbiz.de/10010746440