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Investing in innovation is key to the future prosperity of an advanced economy such as the UK. Chancellor Jeremy Hunt's 17 November autumn statement confirmed a commitment to raising public investments in science. Despit...Read more...
Anna Valero and John Van Reenen
28 November 2022
There's a view out there - call it the "superhero" theory of leadership - in which the individual vision, charisma, and brilliance of a CEO makes or breaks a company. That view is dangerous - not so much because CEOs don...Read more...
Raffaella Sadun
23 November 2022
Chancellor Jeremy Hunt faces a difficult balancing act to try and delay many measures while doing enough in the short run to appease the markets. John Van Reenen comments briefly on what can be expected in the Autumn Sta...Read more...
John Van Reenen
16 November 2022
Europe is punching below its weight in the climate-technology competition. The continent needs to facilitate risk capital markets and to invest more in research and development. This is the 4th post in a series of climat...Read more...
Philippe Aghion, Lena Boneva, Johannes Breckenfelder, Luc Laeven, Conny Olovsson, Alexander Popov and Elena Rancoita
15 November 2022
What happens when lots of people lose their jobs? Why might wages be low even though everyone who wants a job, has one? What do we mean by employment and unemployment and what does 'economic inactivity' mean? What is pro...Read more...
Richard Davies and Tim Harford
10 November 2022
The UK is particularly exposed to the energy crisis sweeping across the world. After predictions that annual household bills were due to rise from around £1,000 to £3,500 in October 2022, the government announced it woul...Read more...
Anna Valero
20 October 2022
Britain has suffered from a turbulent policy environment for a while. Following chancellor Jeremy Hunt's reversal of nearly all of the mini-budget tax measures and reigned in energy support, difficult spending cuts are c...Read more...
How knowledge spillovers operate between academia and private firms remains an open question. Antonin Bergeaud, Arthur Guillouzouic, Emeric Henry and Clement Malgouyres find strong spillovers through the contracting, mob...Read more...
Antonin Bergeaud, Arthur Guillouzouic, Emeric Henry and Clement Malgouyres
19 October 2022
Rising energy bills drive up the cost of living. LSE's Anna Valero explains what led to the current energy crisis and how the transition to net zero emissions will help. ...Read more...
12 October 2022
Markets have reacted poorly to the UK government's new "mini-budget" combining energy price caps with tax cuts for the well off. The government's search for a quick fix to economic growth is a mistake. In fact, restartin...Read more...
3 October 2022
The UK has recently announced tax cuts and spending increases which exceed those implemented during the pandemic. John Van Reenen believes a reckoning will be unavoidable. He writes that policies for good growth are a lo...Read more...
26 September 2022
Britain faces crises in energy and productivity, both of which have been crushing people's living standards. However, neither is being addressed by the two leadership candidates, Rishi Sunak and Liz Truss. Anna Valero an...Read more...
2 September 2022
The UK needs an electric vehicle (EV) battery recycling industry. This could strengthen the British EV supply chain and support the future development of UK-based gigafactories (large-scale battery factories) and electri...Read more...
Robert Elliott, Gavin Harper, Laura Lander and Viet Nguyen-Tien
7 July 2022
Research shows that small firms are more likely to report they are at risk of failing in recent months, amid growing concerns about challenges such as Brexit controls, the Ukraine crisis and energy price hikes....Read more...
Peter Lambert, Apolline Marion and John Van Reenen
24 May 2022
The UK government has delivered on its promise to publish a strategy for driving the country's economy towards net zero emissions by 2050. Esin Serin and Anna Valero write that the economy-wide Net Zero Strategy provides...Read more...
Esin Serin and Anna Valero
29 October 2021
Dr Anna Valero - ESRC innovation fellow at London School of Economics - is a guest on 'Emissions: Impossible?' a podcast showcasing some of the most ground-breaking research and innovation in climate change, to reveal wh...Read more...
11 October 2021
Research by Peter Lambert, Apolline Marion and John Van Reenen find that the number of firms at risk of failing has fallen from that earlier in the pandemic, but that one million jobs are still at risk and advancements c...Read more...
15 August 2021
In recent decades, US defence R&D seems to have lost its lustre. To combat the declining innovation, in 2018 the US Air Force reformed its contracting procedures to allow applicants more freedom to suggest projects with ...Read more...
Sabrina T. Howell, Jason Rathje, John Van Reenen and Jun Wong
8 May 2021
Peter Lambert and John Van Reenen track how UK businesses view their risks of bankruptcy over the next three months, finding extensions to COVID support schemes have helped avert a wave of bankruptcies, but risks remain....Read more...
Peter Lambert and John Van Reenen
27 April 2021
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...
4 March 2021
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...
1 March 2021
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...
18 February 2021
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...
Ralf Martin, Sam Unsworth, Anna Valero and Dennis Verhoeven
11 February 2021
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...
Philippe Aghion, Antonin Bergeaud and John Van Reenen
1 February 2021
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...
7 January 2021
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...
Capucine Riom and Anna Valero
2 November 2020
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...
22 October 2020
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...
Nicholas Stern
19 October 2020
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...
1 October 2020