Publications

POID Working Paper

Opening up military innovation: causal effects of 'bottom-up' reforms to U.S. defense research

When investing in research and development (R&D), institutions must decide whether to take a top-down approach - soliciting a particular technology - or a bottom-up approach in which innovators suggest ideas. This paper ...Read more...

POID Working Paper

Data-intensive innovation and the State: evidence from AI firms in China

Artificial intelligence (AI) innovation is data-intensive. States have historically collected large amounts of data, which is now being used by AI firms. Gathering comprehensive information on firms and government procur...Read more...

Blog

LSE British Politics and Policy:

Budget 2021: while important steps have been taken, bolder and better coordinated action is needed for a sustainable recovery

Anna Valero writes that the underlying and urgent issues that were facing the UK economy before the pandemic, such as high levels of inequality and weak productivity, are still present, and are indeed more pressing than ...Read more...

CentrePiece article

Innovation policy to restore American prosperity

The new US administration has the opportunity to reset an economic model that has failed to deliver prosperity for millions of Americans for decades. John Van Reenen calls for a Grand Innovation Challenge Fund – federal ...Read more...

POID Working Paper

World Management Survey at 18: lessons and the way forward

Understanding how differences in management "best practices" affect organizational outcomes has been a focus of both theoretical and empirical work in the fields of management, sociology, economics and public policy. The...Read more...

Blog

LSE Covid-19 Blog:

We can tackle the climate emergency and grow the economy at the same time

The idea that economic growth is incompatible with tackling the climate emergency is wrong, says John Van Reenen (LSE). He sets out how technological innovation and better management can bring about sustainable growth....Read more...

Blog

LSE Business Review:

Increasing support for clean innovation: a win-win-win strategy?

Political support for government spending to deal with the economic aftermath of the COVID pandemic has grown. It is now greater than during the 2008 financial crisis, and 'build back better' pledges have multiplied. Ral...Read more...

Blog

VoxEU:

Regulation chills minor (but not radical) technological innovations

While there is suggestive evidence that regulations may have a stifling effect on innovation, there is as yet no rigorous economic framework to quantify the magnitude of such regulatory effects on innovation and the aggr...Read more...

POID Working Paper

The impact of regulation on innovation

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable endogenous growth model with size-contingent regulations. We apply this to population administrative ...Read more...

CEP Covid-19 analysis

A major wave of UK business closures by April 2021? The scale of the problem and what can be done

This report presents an analysis of the financial health of UK businesses, which shows that immediate action is needed to prevent a wave of corporate failure in early April. We cannot delay action. Now is also the moment...Read more...

CEP discussion paper

The impact of regulation on innovation

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable endogenous growth model with size-contingent regulations. We apply this to population administrative ...Read more...

Blog

Institute for the Future of Work:

The impact of Covid-19 on technology adoption

Anna Valero and Professor John Van Reenen examine the evidence on technology adoption through the pandemic and what it means for the UK's future of work and productivity crisis. New evidence offers a basis for guarded te...Read more...

CEP Covid-19 analysis

Innovation for a strong and sustainable recovery

In the recovery from Covid-19, innovation and diffusion will be key to addressing several structural challenges facing the UK economy. These include improving the UK’s longstanding poor productivity performance, addressi...Read more...

CentrePiece article

Innovation in the time of Covid-19

Businesses have rapidly adopted new technologies and new ways of working in response to the massive disruptions caused by the pandemic. A CEP report by Capucine Riom and Anna Valero suggests that if such innovation conti...Read more...

Blog

LSE Brexit:

The cost of Brexit is likely to be more than double that of COVID - it must be delayed

Whether we face Hard Brexit or No Deal, the long-run costs to the economy are likely to be more than twice that of COVID-19 - at least 2,000 GBP per person, warns John Van Reenen (LSE). He advocates delaying the exit fr...Read more...

Blog

LSE Covid-19 blog:

How zero-carbon investments can allay the coming jobs crisis

Unemployment is going up and will rise further. In an extract from a new LSE Centre for Economic Performance report, Nicholas Stern (LSE) sets out how investment in zero-carbon goods and services can create jobs and rede...Read more...

CEP Covid-19 analysis

Jobs for a strong and sustainable recovery from Covid-19

The UK’s future economic, social and environmental prosperity will be shaped by how it deals with, and recovers from, the impact of Covid-19. This paper sets out coordinated net-zero-aligned investments which the UK can ...Read more...

Blog

LSE Business Review:

COVID has forced many firms to innovate, with possible lasting impacts

A survey reveals greater UK innovation rates than what we might have expected in the absence of a pandemic, write Capucine Riom and Anna Valero....Read more...

CEP Covid-19 analysis

The business response to Covid-19: the CEP-CBI survey on technology adoption

We present new data from a survey of 375 UK businesses conducted in July 2020 in partnership with the Confederation of British Industry (CBI), which seeks to understand the way in which firms have innovated in response t...Read more...