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BNET Business Dictionary
- Management
- the use of professional skills for identifying and achieving organizational objectives through the deployment of appropriate resources. Management involves identifying what needs to be done,...
- Management definition on BNET »
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- Entry And Asymmetric Lobbying: Why Governments Pick Losers
- Governments frequently intervene to support domestic industries, but a surprising amount of this support goes to ailing sectors. This is explained with a lobbying model that allows for entry and sunk costs. Specifically, policy is influenced by pressure groups that incur lobbying expenses to create rents. In expanding industries, entry...
- White papers 2007-05-01
- Economics And Politics Of Alternative Institutional Reforms
- This paper compares the economic consequences and political feasibility of reforms aimed at reducing barriers to entry deregulation and improving contractual enforcement legal reform. Deregulation fosters entry, thereby increasing the number of firms entrepreneurship and the average quality of management meritocracy. Legal reform also reduces financial constraints on entry, but...
- White papers 2007-01-01
- The State, Democracy And The Limits Of New Public Management
- The point of departure of our analysis on the evolving role of the state in contemporary society is offered by the innovations introduced by e-government within the democratic, administrative and bureaucratic processes of the modern state. A vast literature on this topic presents e-government as a great opportunity to innovate...
- White papers 2007-01-01
- An R&D-Based Model Of Multi-Sector Growth
- The authors have developed a multi-sector general equilibrium model in which productivity growth is driven by the production of sector-specific knowledge. In the model, long run differences is found in total factor productivity growth across sectors are independent of the parameters of the knowledge production function except for one, which...
- White papers 2006-12-01
- What Is Social Entrepreneurship Really About?
- Social entrepreneurship is a growth area, both in practice and in academic circles. Its value is generally assumed to be the contribution that social entrepreneurs can make to solving pressing and intractable social problems. It is argued here that this is an overly deterministic and simplistic way of understanding the...
- White papers 2006-11-08
- Does Global Size Matter For Productivity Of MNEs?
- Previous research has shown that MultiNationals MNEs and in particular US-owned plants, are more productive than domestic ones. Existing evidence for the UK has shown that this US advantage is explained by US MNES picking the best plants to takeover and by US owned plants getting higher returns from ICT...
- White papers 2006-09-27
- Public Policy, Early-Stage Financing, And Firm Growth In New Industries
- Does Europe have too few fast-growing companies in new (hi-tech) industries compared to the US? And if so, why? While Europe has seen a vast increase in early-stage financing, financiers with specific industry expertise seem to be still relatively scarce. This may engender a serious information gap between entrepreneurs and...
- White papers 2006-09-17
- Human Resources, The Labour Market And Economic Performance
- Siting the Lab in the CEP Centre for Economic Performance allows the planned work to draw on the expertise and knowledge of the labour market derived from the Centre's previous years of research. Author now turn to an overview of the main questions tackled by CEP in this period and...
- White papers 2006-09-01
- Dynastic Management
- The most striking difference in corporate-governance arrangements between rich and poor countries is that the latter rely much more heavily on the dynastic family firm, where ownership and control are passed on from one generation to the other. It was argued that if the heir to the family firm has...
- White papers 2006-08-01
- The Division Of Labor, Coordination, And The Demand For Information Processing
- This paper examines whether the need to coordinate an increasingly complex division of labor has raised the demand for clerical office workers, who process information that is used to coordinate production. In order to examine this question empirically, the author introduces a measure of the complexity of an industry's division...
- White papers 2006-08-01
- Technological Catch-Up And The Role Of Multinationals
- This paper investigates the importance of productivity catch-up, as an indicator of technology spillovers, to productivity growth. Evidence is found that productivity catch-up is statistically and quantitatively important. Establishments in industries where high productivity firms have pushed out the technological frontier grow faster, indicating that leading firms generate positive externalities...
- White papers 2006-07-01
- Competing In Network Industries: Firm Strategies, Market Outcomes, And Policy Implications
- The authors have reviewed the literature on market structure, firm strategies and public policy in network industries. In particular, this paper focuses on the latest applied work, including case studies and empricial work as well as refinements of the established theoretical results. Each set of results is grouped along two...
- White papers 2006-06-01
- Basic Research And Sequential Innovation
- The commercial value of basic knowledge depends on the arrival of follow-up developments mostly from outside the boundaries of the inventing firm. Private returns would depend on the extent the inventing firm internalizes these follow-up developments. Such internalization is less likely to occur as knowledge becomes more general. This motivates...
- White papers 2006-05-01
- IT Ain't What You Do It's The Way That You Do I.T.
- Productivity growth in sectors that intensively use Information Technologies IT appears to have accelerated much faster in the US than in Europe since 1995, leading to the US "Productivity miracle". If this was partly due to the superior management/organization of US firms (rather than simply the US geographical or regulatory...
- White papers 2006-01-01
- Information Technology And Productivity: It Ain't What You Do It's The Way That You Do I.T
- What has been the impact of Information Technologies (I.T.) on productivity? This has been a burning question for policy makers and business leaders for many decades. But it is only in last few years that computer power itself has enabled researchers to statistically interrogate large-scale datasets on firms and providing...
- White papers 2005-10-01
- Ecological Collapse Threatens
- The point of ecological collapse may not yet have been reached, but its symptoms can be felt. If welfare is to grow not just in the short term but also in the medium to long term, serious adjustments will have to be made to the country's underlying approach. Enlightened leadership...
- White papers 2005-09-01
- Identifying The Diffusion Pattern Of Knowledge
- The authors identify the extent of which firms absorb back the knowledge they invent after it is diffused and is further developed by other firms, and conceptually relate it to the rent an inventor appropriates on its discovery. Based on the appropriability indices the authors construct, it is found that...
- White papers 2005-02-14
- Multinationals And US Productivity Leadership: Evidence From Great Britain
- The authors have studied the productivity of US owned plants in the UK. Using a new dataset that identifies foreign and domestic MNEs MultiNational Enterprise, they found that UK MNEs are less productive than US affiliates, but as productive as non US foreign affiliates. This paper investigates the source of...
- White papers 2005-01-01
- Trade Openness, Foreign Direct Investment And Child Labor
- The skeptics of globalization argue that increased trade openness and foreign direct investment induce developing countries to keep labor costs low, for example, by letting children work. This paper argues that there are good theoretical reasons why globalization might actually have the opposite effect. This is tested with various measures...
- White papers 2004-12-21
- Globalisation, ICT And The Nitty Gritty Of Plant Level Datasets
- The net entry contribution to aggregate productivity growth has increased dramatically in the UK over 1990s according to calculations based on data from the Annual Respondents Database ARD. Some studies have tried to link this to other structural changes over the same period such as increased globalisation and usage of...
- White papers 2004-09-01
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