What drives differences in management practices?

Bloom, Nicholas, Brynjolfsson, Erik, Foster, Lucia, Jarmin, Ron, Patnaik, Megha, Saporta-Eksten, Itay and Van Reenen, John (2017) What drives differences in management practices? CEP Discussion Papers (CEPDP1470). Centre for Economic Performance, London School of Economics and Political Science, London, UK.

Preview

Text - Published Version Download (1MB) | Preview

• Publisher

Abstract

Partnering with the Census we implement a new survey of “structured” management practices in 32,000 US manufacturing plants. We find an enormous dispersion of management practices across plants, with 40% of this variation across plants within the same firm. This management variation accounts for about a fifth of the spread of productivity, a similar fraction as that accounted for by R&D, and twice as much as explained by IT. We find evidence for four “drivers” of management: competition, business environment, learning spillovers and human capital. Collectively, these drivers account for about a third of the dispersion of structured management practices.

Item Type:	Monograph (Discussion Paper)
Official URL:	http://cep.lse.ac.uk/
Additional Information:	© 2017 The Authors
Divisions:	Centre for Economic Performance
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Sets:	Research centres and groups > Centre for Economic Performance (CEP)
Date Deposited:	21 Jul 2017 09:44
Last Modified:	25 Jun 2020 23:19
Funders:	Economic and Social Research Council
URI:	http://eprints.lse.ac.uk/id/eprint/83600

Actions (login required)

View Item