Institution
London School of Economics and Political Science
Education•London, United Kingdom•
About: London School of Economics and Political Science is a education organization based out in London, United Kingdom. It is known for research contribution in the topics: Politics & Population. The organization has 8759 authors who have published 35017 publications receiving 1436302 citations.
Papers published on a yearly basis
Papers
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TL;DR: This paper developed a general framework showing that technology and product market spillovers have testable implications for a range of performance indicators, and exploited these using distinct measures of a firm's position in the technology space and the product market space.
Abstract: Support for many R&D and technology policies relies on empirical evidence that R&D ‘spills over’ between firms. But there are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business stealing by product market rivals. We develop a general framework showing that technology and product market spillovers have testable implications for a range of performance indicators, and exploit these using distinct measures of a firm’s position in technology space and product market space. We show using panel data on US firms between 1981 and 2001 that both technology and product market spillovers operate, but that net social returns are several times larger than private returns. The spillover effects are also revealed when we analyze three high-tech sectors in detail - pharmaceuticals, computer hardware and telecommunication equipment. Using the model we evaluate three R&D subsidy policies and show that the typical focus of support for small and medium firms may be misplaced.
905 citations
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TL;DR: In this paper, the authors compare various dimensions of inequality between different countries, including, particularly, those relating to income and wealth, and find that mortality is easier to define than income, and there is no problem equivalent to that of defining the income unit.
903 citations
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TL;DR: In this paper, the authors find that institutional ownership in publicly traded companies is associated with more innovation, measured by cite-weighted patents, and they build a model that nests the lazy manager hypothesis with career-concerns, where institutional owners increase managerial incentives to innovate by reducing the career risk of risky projects.
Abstract: 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 owners increase managerial incentives to innovate by reducing the career risk of risky projects. The data supports the career concerns model. First, whereas the lazy manager hypothesis predicts a substitution effect between institutional ownership and product market competition (and managerial entrenchment generally), the career-concern model allows for complementarity. Empirically, we reject substitution effects. Second, CEOs are less likely to be fired in the face of profit downturns when institutional ownership is higher. Finally, using instrumental variables, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to be due to endogenous selection.
902 citations
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TL;DR: It is argued that conceptual issues and methodological shortcomings surrounding internet addiction research have made theoretical development difficult and an alternative model termed compensatory internet use is presented in an attempt to properly theorize the frequent assumption that people go online to escape real life issues or alleviate dysphoric moods.
901 citations
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TL;DR: The authors argue that the growing presence of a new type of man brought up in a family in which the mother worked has been a significant factor in the increase in female labor force participation over time.
Abstract: This paper argues that the growing presence of a new type of man—one brought up in a family in which the mother worked—has been a significant factor in the increase in female labor force participation over time. We present cross-sectional evidence showing that the wives of men whose mothers worked are themselves significantly more likely to work. We use variation in the importance of World War II as a shock to women's labor force participation—as proxied by variation in the male draft rate across U. S. states—to provide evidence in support of the intergenerational consequences of our propagation mechanism.
900 citations
Authors
Showing all 9081 results
Name | H-index | Papers | Citations |
---|---|---|---|
Ichiro Kawachi | 149 | 1216 | 90282 |
Amartya Sen | 149 | 689 | 141907 |
Peter Hall | 132 | 1640 | 85019 |
Philippe Aghion | 122 | 507 | 73438 |
Robert West | 112 | 1061 | 53904 |
Keith Beven | 110 | 514 | 61705 |
Andrew Pickles | 109 | 436 | 55981 |
Zvi Griliches | 109 | 260 | 71954 |
Martin Knapp | 106 | 1067 | 48518 |
Stephen J. Wood | 105 | 700 | 39797 |
Jianqing Fan | 104 | 488 | 58039 |
Timothy Besley | 103 | 368 | 45988 |
Richard B. Freeman | 100 | 860 | 46932 |
Sonia Livingstone | 99 | 510 | 32667 |
John Van Reenen | 98 | 440 | 40128 |