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Bloom, Nicholas - 2017

In many growth models, economic growth arises from people creating ideas, and the long-run growth rate is the product of two terms: the effective number of researchers and their research productivity. We present a wide range of evidence from various industries, products, and firms showing that...

Persistent link: https://www.econbiz.de/10012453929

Uncertainty and the Dynamics of R&D

Bloom, Nicholas - Stanford Institute for Economic Policy Research … - 2007

Uncertainty varies strongly over time, rising by 50% to 100% in recessions and by up to 200% after major economic and political shocks. This paper shows that higher uncertainty reduces the responsiveness of R&D to changes in business conditions - a "caution-effect" - making it more persistent...

Persistent link: https://www.econbiz.de/10010616079

Trade Induced Technical Change? The Impact of Chinese Imports on Innovation, IT and Productivity

Bloom, Nicholas - 2011

effect on innovation. We develop a simple "trapped factor" model of innovation that is consistent with these empirical …

Persistent link: https://www.econbiz.de/10012461940

Modern Management : Good for the Environment or just Hot Air?

Bloom, Nicholas - 2008

We use an innovative methodology to measure management practices in over 300 manufacturing firms in the UK. We then match this management data to production and energy usage information for establishments owned by these firms. We find that establishments in better managed firms are significantly...

Persistent link: https://www.econbiz.de/10012464253

Competition and Innovation : An Inverted U Relationship

Aghion, Philippe - 2002

This paper investigates the relationship between product market competition (PMC) and innovation. A growth model is … reduce innovation incentives for laggards. There are four key predictions. First, the relationship between product market … competition (PMC) and innovation is an inverted U-shape. Second, the equilibrium degree of technological neck-and-neckness' among …

Persistent link: https://www.econbiz.de/10012469440

Trapped Factors and China's Impact on Global Growth

Bloom, Nicholas - 2014

-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 from a baseline …

Persistent link: https://www.econbiz.de/10012458713

Remote Work across Jobs, Companies, and Space

Hansen, Stephen; Lambert, Peter; Bloom, Nicholas; … - National Bureau of Economic Research - 2023

The pandemic catalyzed an enduring shift to remote work. To measure and characterize this shift, we examine more than 250 million job vacancy postings across five English-speaking countries. Our measurements rely on a state-of-the-art language-processing framework that we fit, test, and refine...

Persistent link: https://www.econbiz.de/10014247927

The Evolution of Work from Home

Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J. - National Bureau of Economic Research - 2023

discuss some implications of the big shift for pay, productivity, and the pace of innovation. Over the next five years, U …

Persistent link: https://www.econbiz.de/10014372443

Modern Management: Good for the Environment of Just Hot Air?

Bloom, Nicholas; Genakos, Christos; Martin, Ralf; … - Stanford Institute for Economic Policy Research … - 2008

Persistent link: https://www.econbiz.de/10009141814

Fluctuations in Uncertainty

Bloom, Nicholas - Stanford Institute for Economic Policy Research … - 2014

some evidence it may stimulate longer-run innovation. Finally, in terms of the Great Recession, the large jump in …

Persistent link: https://www.econbiz.de/10010878084