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Does Training Generally Work? The Returns to In-Company Training
Barrett, Alan; O'Connell, Philip J. - 2021
This paper applies the familiar theoretical distinction between general and specific training to the empirical task of estimating the returns to in-company training. Using a firm-level dataset which distinguishes between general and specific training, we test for the relative effects of the two...
Persistent link: https://www.econbiz.de/10013321428
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The Economics, Technology and Neuroscience of Human Capability Formation
Heckman, James J. - 2015
This paper begins the synthesis of two currently unrelated literatures: the human capital approach to health economics and the economics of cognitive and noncognitive skill formation. A lifecycle investment framework is the foundation for understanding the origins of human inequality and for...
Persistent link: https://www.econbiz.de/10014049108
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Human Resources and Innovation : Total Factor Productivity and Foreign Human Capital
Fassio, Claudio - 2015
The objective of this paper is to analyse the role of migrants in innovation in Europe. We use Total Factor Productivity as a measure of innovation and focus on the three largest European countries – France, Germany and the United Kingdom – in the years 1994-2007. Unlike previous research,...
Persistent link: https://www.econbiz.de/10013013577
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Frictions and the Joint Behavior of Hiring and Investment
Yashiv, Eran - 2012
The decisions of firms on investment and hiring play a crucial role in business cycle fluctuations. This paper explores their dynamic behavior in the presence of frictions. It does so within a unified framework, stressing their mutual dependence and placing the emphasis on their joint,...
Persistent link: https://www.econbiz.de/10013104684
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Resource Allocation and Firm Scope
Friebel, Guido; Raith, Michael - 2021
We develop a theory of firm scope in which integrating two firms into one facilitates the allocation of resources, but … leads to weaker incentives for effort, compared with nonintegration. Our theory makes minimal assumptions about the … integration or non-integration is optimal. Our theory thus provides a simple answer to Williamson's "selective …
Persistent link: https://www.econbiz.de/10013317478
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The Adoption and Diffusion of Organizational Innovation : Evidence for the U.S. Economy
Lynch, Lisa M. - 2014
Using a unique longitudinal representative survey of both manufacturing and non-manufacturing businesses in the United States during the 1990's, I examine the incidence and intensity of organizational innovation and the factors associated with investments in organizational innovation. Past...
Persistent link: https://www.econbiz.de/10012751889
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What Drives Differences in Management?
Bloom, Nicholas - 2017
Partnering with the Census we implement a new survey of "structured" management practices in 32,000 US manufacturing plants. We find an enormous dispersion of management practices across plants, with 40% of this variation across plants within the same firm. This management variation accounts for...
Persistent link: https://www.econbiz.de/10012957488
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Skills Shortages and Training in Russian Enterprises
Tan, Hong; Savchenko, Yevgeniya; Gimpelson, Vladimir; … - 2021
In the transition to a market economy, the Russian workforce underwent a wrenching period of change, with excess supply of some industrial skills coexisting with reports of skill shortages by many enterprises. This paper uses data from the Russia Competitiveness and Investment Climate Survey and...
Persistent link: https://www.econbiz.de/10013317113
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Management of Knowledge Workers
Hvide, Hans K. - 2012
We study how firm-specific complementary assets and intellectual property rights affect the management of knowledge workers. The main results show when a firm will wish to sue workers that leave with innovative ideas, and the effects of complementary assets on wages and on worker initiative. We...
Persistent link: https://www.econbiz.de/10013104933
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Market Characteristics, Intra-Firm Coordination, and the Choice of Human Resource Management Systems : Evidence from New Japanese Data
Kato, Takao; Owan, Hideo - 2021
consistent with the theory) is that the adoption of both self-managed online teams and cross-functional offline teams usually … in firms with joint labor-management committees. We also confirm implications from our theory that firms in more …
Persistent link: https://www.econbiz.de/10013316773