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The Effects of Entry on Incumbent Innovation and Productivity
Aghion, Philippe; Blundell, Richard William; Griffith, … - C.E.P.R. Discussion Papers - 2005
How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … sectors which differ by their distance to the technological frontier. We show that entry threat spurs innovation incentives in … technologically advanced sectors - successful innovation allows incumbents to prevent entry. In laggard sectors it discourages …
Persistent link: https://www.econbiz.de/10005114280
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The effects of entry on incumbent innovation and productivity
Aghion, Philippe; Blundell, Richard; Griffith, Rachel; … - 2006
How does firm entry affect innovation incentives in incumbent firms? Micro data suggest that there is heterogeneity … that technologically advanced entry threat spurs innovation incentives in sectors close to the technology frontier … - successful innovation allows incumbents to survive the threat. In laggard sectors it discourages innovation - increased entry …
Persistent link: https://www.econbiz.de/10010307086
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The effects of entry on incumbent innovation and productivity
Aghion, Philippe; Blundell, Richard; Griffith, Rachel; … - Wissenschaftszentrum Berlin für Sozialforschung (WZB) - 2006
How does firm entry affect innovation incentives in incumbent firms? Micro data suggest that there is heterogeneity … that technologically advanced entry threat spurs innovation incentives in sectors close to the technology frontier … - successful innovation allows incumbents to survive the threat. In laggard sectors it discourages innovation - increased entry …
Persistent link: https://www.econbiz.de/10009367936
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Turbulence, Firm Decentralization and Growth in Bad Times
Aghion, Philippe; Bloom, Nicholas; Lucking, Brian; … - 2017
What is the optimal form of firm organization during "bad times"? Using two large micro datasets on firm decentralization from US administrative data and 10 OECD countries, we find that firms that delegated more power from the Central Headquarters to local plant managers prior to the Great...
Persistent link: https://www.econbiz.de/10011653434
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Technology, Information and the Decentralization of the Firm
Acemoglu, Daron; Aghion, Philippe; Lelarge, Claire; Van … - Institut für Schweizerisches Bankwesen <Zürich> - 2007
This paper analyzes the relationship between the diffusion of new technologies and the decentralization of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. Decentralized control, on the other hand, delegates authority to...
Persistent link: https://www.econbiz.de/10005857786
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Turbulence, Firm Decentralization and Growth in Bad Times
Aghion, Philippe - 2017
What is the optimal form of firm organization during "bad times"? Using two large micro datasets on firm decentralization from US administrative data and 10 OECD countries, we find that firms that delegated more power from the Central Headquarters to local plant managers prior to the Great...
Persistent link: https://www.econbiz.de/10012957505
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Turbulence, firm decentralization and growth in bad times
Aghion, Philippe; Bloom, Nicholas; Lucking, Brian; … - 2017
What is the optimal form of firm organization during "bad times"? Using two large micro datasets on firm decentralization from US administrative data and 10 OECD countries, we find that firms that delegated more power from the Central Headquarters to local plant managers prior to the Great...
Persistent link: https://www.econbiz.de/10011641565
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Technology, information and the decentralization of the firm
Acemoglu, Daron; Aghion, Philippe; Lelarge, Claire; Van … - London School of Economics (LSE) - 2006
This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. Decentralized control, on the...
Persistent link: https://www.econbiz.de/10010884642
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Technology, Information and the Decentralization of the Firm
Acemoglu, Daron; Aghion, Philippe; Lelarge, Claire; … - Centre for Economic Performance, LSE - 2006
This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. Decentralized control, on the...
Persistent link: https://www.econbiz.de/10005151064
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Technology, Information and the Decentralization of the Firm
Acemoglu, Daron; Aghion, Philippe; Lelarge, Claire; Van … - 2013
This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. Decentralized control, on the...
Persistent link: https://www.econbiz.de/10014027132