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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/10012948079

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

Bloom, Nicholas - 2015

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

Persistent link: https://www.econbiz.de/10013038317

Innovation and Productivity Across Four European Countries

Griffith, Rachel - 2007

This paper compares the role innovation plays in productivity across the four European countries France, Germany, Spain … and the UK using firm-level data from the internationally harmonized Community Innovation Surveys (CIS3). Despite a … still rare. We apply a structural model that describes the link between Ramp;D expenditure, innovation output and …

Persistent link: https://www.econbiz.de/10012778167

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/10013057413

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

Bloom, Nicholas - 2014

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/10012751267

Does Innovation Stimulate Employment? A Firm-Level Analysis Using Comparable Micro-Data from Four European Countries

Harrison, Rupert - 2014

This paper studies the impact of process and product innovations introduced by firms on employment growth in these firms. A simple model that relates employment growth to process innovations and to the growth of sales separately due to innovative and unchanged products is developed and estimated...

Persistent link: https://www.econbiz.de/10012751345

Dynamic R&D Choice and the Impact of the Firm's Financial Strength

Peters, Bettina - 2016

This article investigates how a firm's financial strength affects its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing industries. The model incorporates a measure of the firm's financial strength, derived from...

Persistent link: https://www.econbiz.de/10012997893

Working from home around the world

Aksoy, Cevat Giray; Barrero, Jose Maria; Bloom, Nicholas; … - 2022

innovation. …

Persistent link: https://www.econbiz.de/10013365385

Competition and Innovation : An Inverted U Relationship

Aghion, Philippe; Bloom, Nicholas; Griffith, Rachel; … - 2021

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/10013230578

Managing trade : evidence from China and the US

Bloom, Nicholas; Manova, Kalina; Van Reenen, John; Sun, … - 2018

We present a heterogeneous-firm model in which management ability increases both pro- duction efficiency and product quality. Combining six micro-datasets on management prac- tices, production and trade in Chinese and American firms, we find broad support for the model's predictions. First,...

Persistent link: https://www.econbiz.de/10011864551