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Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, … - Centre for Economic Performance, 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/10010655943

A Trapped Factors Model of Innovation

Bloom, Nicholas; Romer, Paul; Terry, Stephen; Reenen, … - Centre for Economic Performance, LSE - 2013

When will reducing trade barriers against a low wage country cause innovation to increase in high wage regions like the … cost of innovating falls. Interestingly, the "China shock" is more likely to induce innovation than liberalization with … be faster long-run growth through innovation in the US and that, in the short run, this is magnified by the trapped …

Persistent link: https://www.econbiz.de/10010610737

Trapped Factors and China's Impact on Global Growth

Bloom, Nicholas; Romer, Paul; Terry, Stephen; Reenen, … - Centre for Economic Performance, 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/10010747939

Participation in Organisations: Economic Approaches

Cañibano, Almudena; Marsden, David - Centre for Economic Performance, LSE - 2009

Under the auspices of the debate about high performance work systems, it has been suggested that the evidence of positive results is disappointing and that one reason is that there has been a lack of theory. This paper argues that there is indeed a great deal of theory that could be used to...

Persistent link: https://www.econbiz.de/10005017018

IT and Management in America

Bloom, Nicholas; Brynjolfsson, Erik; Foster, Lucia; … - Centre for Economic Performance, 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/10010741465

In brief: Management in America

Bloom, Nicholas; Brynjolfsson, Erik; Foster, Lucia; … - Centre for Economic Performance, LSE - 2014

There are strong links between the performance of US manufacturing plants and the quality of their systems of monitoring, targets and incentives, according to research by Professor Nicholas Bloom and colleagues. Their analysis of data on more than 30,000 establishments, gathered in the first...

Persistent link: https://www.econbiz.de/10010765686

Does Performance Pay De-Motivate, and Does It Matter?

French, Stephen; Kubo, Katsuyuki; Marsden, David - Centre for Economic Performance, LSE - 2001

The sheer scale and speed of the shift of payment system from time-based salaries to performance-related pay, PRP, in the British public services provides a unique opportunity to test the effects of incentive pay schemes. This study is based on the first large scale survey designed to measure...

Persistent link: https://www.econbiz.de/10005016685

Matchmaking: the Influence of Monitoring Environments on the Effectiveness of Performance Pay Systems

Belfield, Richard; Marsden, David - Centre for Economic Performance, LSE - 2002

This study uses cross-section and panel data from the 1998 Workplace Employee Relations Survey to explore contextual influences on the relationship between performance-related pay (PRP) and organizational performance. While it finds strong evidence that the use of PRP can enhance performance...

Persistent link: https://www.econbiz.de/10005017131

Unions and Procedural Justice: An Alternative to the Common Rule

Marsden, David - Centre for Economic Performance, LSE - 2004

Can unions substitute a procedural justice role for their traditional reliance on establishing a¿common rule¿? The decline of ¿bureaucratic¿ models of employee management and the riseof performance pay and performance management conflicts with the common rule asmanagement seek to tie rewards...

Persistent link: https://www.econbiz.de/10005150975

Fluctuations in Uncertainty

Bloom, Nicholas - Centre for Economic Performance, LSE - 2013

stimulate longer-run innovation. Finally, in terms of the Great Recession, the large jump in uncertainty in 2008 potentially …

Persistent link: https://www.econbiz.de/10010721674