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The Public and Private Sectors in the Process of Innovation: Theory and Evidence from the Mouse Genetics Revolution

Aghion, Philippe; Dewatripont, Mathias; Kolev, Julian; … - In: American Economic Review 100 (2010) 2, pp. 153-58

Persistent link: https://www.econbiz.de/10008584563

Entry liberalization and inequality in industrial performance

Aghion, Philippe; Burgess, Robin; Redding, Stephen; … - In: Journal of the European Economic Association 3 (2005) 2/3, pp. 291-302

Persistent link: https://www.econbiz.de/10003016084

The Governance and Performance of Research Universities: Evidence from Europe and the U.S.

Hoxby, Caroline; Aghion, Philippe; Dewatripont, Mathias; … - National Bureau of Economic Research (NBER) - 2009

research rankings. For both European and U.S. universities, we generate several measures of autonomy, governance, and … output, both among European countries and among U.S. public universities. We then identity a (political) source of exogenous … shocks to funding of U.S. universities. We demonstrate that, when a state's universities receive a positive funding shock …

Persistent link: https://www.econbiz.de/10005830645

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 across industries. Specifically, incumbent productivity growth and patenting is positively correlated with lagged greenfield foreign firm entry in technologically advanced...

Persistent link: https://www.econbiz.de/10010307086

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

The environment and directed technical change

Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - 2010

This paper introduces endogenous and directed technical change in a growth model with environmental constraints. A unique final good is produced by combining inputs from two sectors. One of these sectors uses 'dirty' machines and thus creates environmental degradation. Research can be directed...

Persistent link: https://www.econbiz.de/10010272399

Innovation and institutional ownership

Aghion, Philippe; Van Reenen, John; Zingales, Luigi - 2010

We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...

Persistent link: https://www.econbiz.de/10010272476

The Impact of Regulation on Innovation

Aghion, Philippe; Bergeaud, Antonin; Van Reenen, John - 2021

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable endogenous growth model with size-contingent regulations. We apply this to population administrative firm panel data from France, where many labor regulations apply to firms...

Persistent link: https://www.econbiz.de/10012497983

Entry Liberalization and Inequality in Industrial Performance

Aghion, Philippe; Burgess, Robin; Redding, Stephen; … - London School of Economics and Political Science - 2004

Industrial delicensing which began in 1985 in India marked a discrete break from apast of centrally planned industrial development. Similar liberalization episodes are takingplace across the globe. We develop a simple Schumpeterian growth model to understand howrms respond to the entry threat...

Persistent link: https://www.econbiz.de/10009248837

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