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Internationalization and innovation of firms: evidence and policy

Altomonte, Carlo; Aquilante, Tommaso; Békés, Gábor; … - London School of Economics (LSE) - 2013

interaction among firm-level internationalization, innovation and productivity across seven European countries (Austria, France …-level characteristics across countries and sectors. We also find that the positive correlation between internationalization and innovation … internationalization goes beyond export and because, in the medium to long term, internationalization is likely driven by innovation. We …

Persistent link: https://www.econbiz.de/10011125974

Trapped factors and China’s impact on global growth

Bloom, Nicholas; Romer, Paul; Terry, Stephen; Van … - London School of Economics (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/10011126023

Internationalization and innovation of firms: evidence and policy

Altomonte, Carlo; Aquilante, Tommaso; Békés, Gábor; … - London School of Economics (LSE) - 2014

interaction among firm-level internationalization, innovation and productivity across seven European countries (Austria, France …-level characteristics across countries and sectors. We also find that the positive correlation between internationalization and innovation … internationalization goes beyond export and because, in the medium-to-long term, internationalization is driven by innovation. We recommend …

Persistent link: https://www.econbiz.de/10011126527

IT and management in America

Bloom, Nicholas; Brynjolfsson, Erik; Foster, Lucia; … - London School of Economics (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/10011125935

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

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

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

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

Innovation, reallocation and growth

Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, … - London School of Economics (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/10010745637

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