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Times:
Management briefing: Innovation

31 March 2009

Yet the opposite is true, according to a report from the Centre for Economic Performance at the London School of Economics (LSE) that finds "that the presence of investors boosts innovation by decreasing the risks faced by chief executives who promote new ideas. Often if things go wrong for reasons beyond their control, the board think that they are bad managers and may fire them, the authors write."

This article appeared in the Times on the 31st March 2009. Link to article.

Related Publications
‘Innovation and Institutional Ownership’ by Philippe Aghion, John Van Reenen and Luigi Zingales, Centre for Economic Performance Discussion Paper No.911 February 2009

Related Links
John Van Reenen webpage
Productivity and Innovation Programme webpage