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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, Nick; Sadun, Raffaella; Van Reenen, John - London School of Economics (LSE) - 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/10011071454

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

Do private equity owned firms have better management practices?

Bloom, Nick; Sadun, Raffaella; Van Reenen, John - London School of Economics (LSE) - 2009

We use an innovative survey tool to collect management practice data from over 4,000 medium sized manufacturing firms across Asia, Europe and the US. These measures of managerial practice are strongly associated with firm-level performance (e.g. productivity, profitability and stock market...

Persistent link: https://www.econbiz.de/10010745737

Modern management: good for the environment or just hot air?

Bloom, Nick; Genakos, Christos; Martin, Ralf; Sadun, … - London School of Economics (LSE) - 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/10010746109

Does product market competition lead firms to decentralize?

Bloom, Nick; Sadun, Raffaella; Van Reenen, John - London School of Economics (LSE) - 2009

There is a widespread sense that over the last two decades firms have been decentralizing decisions to employees further down the managerial hierarchy. Economists have developed a range of theories to account for delegation, but there is less empirical evidence, especially across countries. This...

Persistent link: https://www.econbiz.de/10010746493

Recent advances in the empirics of organizational economics

Bloom, Nick; Sadun, Raffaella; Van Reenen, John - London School of Economics (LSE) - 2010

We present a survey of recent contributions in the empirical organizational economics, focusing on management practices and decentralization. Productivity dispersion between firms and countries has motivated the improved measurement of firm organization across industries and countries. There...

Persistent link: https://www.econbiz.de/10011071170