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Trade Secret Laws, Labour Mobility and Innovations
Motta, Massimo; Rønde, Thomas - C.E.P.R. Discussion Papers - 2002
We show that when the researcher’s (observable but not contractible) contribution to innovation is crucial, a covenant …
Persistent link: https://www.econbiz.de/10005504700
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And the Winner Is--Acquired: Entrepreneurship as a Contest with Acquisition as the Prize
Henkel, Joachim; Rønde, Thomas; Wagner, Marcus - C.E.P.R. Discussion Papers - 2010
paper, we analyze a two-stage innovation game between one incumbent and a large number of entrants. In the first stage … innovation. In the second stage, successful entrants bid to be acquired by the incumbent. We assume that entrants cannot survive …&D approaches than the incumbent and are more likely to generate the highest value innovation. Thus, the need of entrants to be …
Persistent link: https://www.econbiz.de/10008784763
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Americans Do I.T. Better: US Multinationals and the Productivity Miracle
Bloom, Nicholas; Sadun, Raffaella; Van Reenen, John - C.E.P.R. Discussion Papers - 2007
The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that intensively use information technologies (IT). This has not occurred in Europe. If the US “productivity miracle” is due to a natural advantage of being located in the US then...
Persistent link: https://www.econbiz.de/10005114281
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Human Resource Management and Productivity
Bloom, Nicholas; Van Reenen, John - C.E.P.R. Discussion Papers - 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 non-pay aspects of the employment relationship such as matching (hiring and firing) and work organization (e.g. teams,...
Persistent link: https://www.econbiz.de/10008468650
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Labour Pooling in R&D Intensive Industries
Gerlach, Heiko A.; Rønde, Thomas; Stahl, Konrad - C.E.P.R. Discussion Papers - 2005
more likely in situations where the innovation step is large and the probability for a firm to be the only innovator is …
Persistent link: https://www.econbiz.de/10005067450
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The Organization of Firms Across Countries
Bloom, Nicholas; Sadun, Raffaella; Van Reenen, John - C.E.P.R. Discussion Papers - 2009
We argue that social capital as proxied by regional trust and the Rule of Law can improve aggregate productivity through facilitating greater firm decentralization. We collect original data on the decentralization of investment, hiring, production and sales decisions from Corporate Head Quarters...
Persistent link: https://www.econbiz.de/10005034760
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Market and Technical Risk in R&D
Gerlach, Heiko A.; Rønde, Thomas; Stahl, Konrad - C.E.P.R. Discussion Papers - 2002
We endogenize the market risk (at given technical risk) in firms’ R&D decisions by introducing stochastic R&D in the Hotelling model. It is shown that if the technical risk is sufficiently high, the market risk remains low even if firms pursue similar projects. This leads firms to focus on the...
Persistent link: https://www.econbiz.de/10005504272
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The distinct effects of Information Technology and Communication Technology on firm organization
Bloom, Nicholas; Garicano, Luis; Sadun, Raffaella; Van … - C.E.P.R. Discussion Papers - 2013
Guided by theories of management by exception, we study the impact of Information and Communication Technology on worker and plant manager autonomy and span of control. The theory suggests that information technology is a decentralizing force, whereas communication technology is a centralizing...
Persistent link: https://www.econbiz.de/10011084130
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The new empirical economics of management
Bloom, Nicholas; Lemos, Renata; Sadun, Raffaella; Scur, … - C.E.P.R. Discussion Papers - 2014
Over the last decade the World Management Survey (WMS) has collected firm-level management practices data across multiple sectors and countries. We developed the survey to try to explain the large and persistent TFP differences across firms and countries. This review paper discusses what has...
Persistent link: https://www.econbiz.de/10011084245
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Identifying Technology Spillovers and Product Market Rivalry
Bloom, Nicholas; Schankerman, Mark; Van Reenen, John - C.E.P.R. Discussion Papers - 2005
Support for many R&D and technology policies relies on empirical evidence that R&D ‘spills over’ between firms. But there are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business stealing by product market rivals. We develop a...
Persistent link: https://www.econbiz.de/10005662082