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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

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

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

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

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

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

The New Empirical Economics of Management

Bloom, Nicholas; Lemos, Renata; Sadun, Raffaella; Scur, … - Centre for Economic Performance, LSE - 2014

Over the last decade the World Management Survey (WMS) has collected firm-level management practices data across multiple sectors and countries. We developed the survey to try to explain the large and persistent TFP differences across firms and countries. This review paper discusses what has...

Persistent link: https://www.econbiz.de/10010762442

In brief - New technology: who wins, who loses?

Reenen, John Van; Bloom, Nicholas; Garicano, Luis; … - Centre for Economic Performance, LSE - 2014

Technology has transformed the once powerful office of ambassador into a glorified sales position, while nurses, teaching assistants and medical technicians all benefit from the ICT revolution. According to an empirical study by Professor John Van Reenen and colleagues, these contrasting...

Persistent link: https://www.econbiz.de/10010765688

Does Management Matter? Evidence from India

Bloom, Nicholas; Eifert, Benn; Mahajan, Aprajit; … - Centre for Economic Performance, LSE - 2011

A long-standing question in social science is to what extent differences in management cause differences in firm performance. To investigate this we ran a management field experiment on large Indian textile firms. We provided free consulting on modern management practices to a randomly chosen...

Persistent link: https://www.econbiz.de/10008839149

Management Practices Across Firms and Countries

Bloom, Nicholas; Genakos, Christos; Sadun, Raffaella; … - Centre for Economic Performance, LSE - 2011

For the last decade we have been using double-blind survey techniques and randomized sampling to construct management data on over 10,000 organizations across twenty countries. On average, we find that in manufacturing American, Japanese, and German firms are the best managed. Firms in...

Persistent link: https://www.econbiz.de/10009399380