Monthly Archives: September 2018

Gore Capitalism – Book Review

Gore Capitalism. Sayak Valencia (trans. by John Pluecker). Semiotext(e)/MIT Press. 2018.
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When I first picked up Sayak Valencia’s essay, Gore Capitalism, published as a short book, I was intrigued by the title. I was able to vaguely define what I thought it meant by breaking the term in two, deducing that it had something to do with […]

September 23rd, 2018|Book Review|0 Comments|
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    Germany is quietly rebalancing its economy – but this will not fix the Eurozone’s flaws

Germany is quietly rebalancing its economy – but this will not fix the Eurozone’s flaws

Ever since the financial and sovereign debt crisis, the political and economic implications of Germany’s unbalanced economy have lured the attention of academics, policy institutions, the public and politicians across Europe and beyond. Frequent are the pleas made to the German political establishment to rebalance its export-oriented economic model, increase fiscal expenditures and thus rein in the world’s largest current account surplus.

But what is […]

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    A year in the life of MBA students – integrating achievement and self-discovery

A year in the life of MBA students – integrating achievement and self-discovery

Life invites us to wrestle with two existential questions: “Who am I?” and; “What do I do with my time here on earth?” Both have to do with our identity — how we make sense of ourselves and fit into the world around us. Individual identity is, ironically, a construct of our social systems.

We are products of the systems […]

September 21st, 2018|Career & Success|0 Comments|
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    What explains the evolution of management models over the past two centuries?

What explains the evolution of management models over the past two centuries?

Scientific Management, Human Relations, and Strategy-and-Structure are well-known management models in the history of business, but we still understand little about why a given model succeeds in competition with other models. This lack of understanding is troublesome. Practitioners would benefit if they could assess more reliably the potential value of the various competing models they read about. Our analysis […]

Can social media sentiment affect stock market performance?

The boom of social media in the past decade has transformed the way investors forecast the stock market. As social media provides large volumes of real-time user opinion, investors can potentially exploit that information by leveraging machine learning and natural language processing techniques. In recent years, popular news channels have repeatedly reported that predicting the market using “alternative data”, […]

Net Neutrality in a hyperlinked Internet economy

Have you ever realized that the websites and social platforms you use are full of links that lead you to contents, videos or advertisements of other content providers? And that you usually surf from one site to another without typing their URL addresses? No doubt, this is an important feature of the Internet. For instance, direct visits of The […]

German firms: Open borders, closed boardrooms

With the impending exit of Great Britain from the European Union in 2019, German firms will likely assume an even greater position within the trading block. Given its reputation as the largest exporter in Europe, accounting for over a quarter of EU exports, Germany is a driving force for free trade and open borders. Firms such as Siemens and […]

September 17th, 2018|Management|0 Comments|
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    Foundational Economy: The Infrastructure of Everyday Life – Book Review

Foundational Economy: The Infrastructure of Everyday Life – Book Review

Foundational Economy: The Infrastructure of Everyday Life. The Foundational Economy Collective. Manchester University Press. 2018.

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For some time now, a group of European researchers, led by a team at Manchester University, has been developing a radical new approach to economic thinking and development policy centred on the concept of the ‘foundational economy’. Foundational Economy. The Infrastructure of Everyday […]

September 16th, 2018|Book Review|0 Comments|
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    How do children judge what’s appropriate to share online, and with whom?

How do children judge what’s appropriate to share online, and with whom?

How can social media platforms respect the “best interests of the child” if they don’t know which user is a child? How can they meet the needs of children of different ages if the law imposes “bright line” rules – 13+ (COPPA), 16+ (GDPR)? Yet how can society not extend hard-won child rights-respecting policy and practice from offline to online? And why […]

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    Piracy could be a blessing in disguise for content supply chains

Piracy could be a blessing in disguise for content supply chains

“He intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for society that it was no part of his intention”.      — Adam Smith, Wealth of Nations, p. 477

Manufacturers of […]

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    How e-marketplace sellers configure platform-based functions to increase sales

How e-marketplace sellers configure platform-based functions to increase sales

An equivalent of over US $887.40 billion of online retail transactions took place via e-marketplaces in China in 2017, rising 29.6 per cent from a year earlier according to iResearch 2018. The growth of e-marketplaces has been accompanied by increasingly intense competition among sellers on transaction platforms. For instance, more than nine million sellers are competing on Taobao, China’s dominant […]

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    Working while pregnant: how women cope with unsupportive organisations

Working while pregnant: how women cope with unsupportive organisations

“So I started busting my butt at work. And I started working that much harder . . . so I felt I took on even more. I was working that much harder because I felt like I had to for everyone to feel comfortable with the fact that I’m pregnant, I’m having a baby . . . Because if […]

September 12th, 2018|Gender|0 Comments|
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    A shared audience amplifies people’s influence over their peers

A shared audience amplifies people’s influence over their peers

When consumers speak positively about a product or brand on social media it can have a very large influence on other consumers’ purchase decisions. In fact, recent research has found that user-generated content has a greater overall influence on purchase activity than marketer-generated content, i.e., marketers’ attempts to advocate on social media for themselves, or coverage in the popular […]

The WTO’s unfinished business

The ongoing international trade tensions between the US and a host of countries serves as a reminder of the importance of strong international institutions in helping avoid the escalation of trade disagreements into trade wars. The WTO and its predecessor the GATT are often seen as not only a strong force behind multilateral trade liberalisation, but also a place […]

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    Heat, Greed and Human Need: Climate Change, Capitalism and Sustainable Wellbeing – Book Review

Heat, Greed and Human Need: Climate Change, Capitalism and Sustainable Wellbeing – Book Review

Heat, Greed and Human Need: Climate Change, Capitalism and Sustainable Wellbeing. Ian Gough. Edward Elgar. 2017.

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The three terms in the title ‘Heat, Greed and Human Need’ reveal the main elements of the argument in this book. Heat refers to how climate change is threatening the limits of our planet. Human need is presented in terms of a […]

September 9th, 2018|Book Review|0 Comments|
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    Understanding the international arbitration of investment disputes in Europe

Understanding the international arbitration of investment disputes in Europe

Until Donald Trump’s election campaign in 2016, it appeared as if the United States was dragging the increasingly resistant European Union into the Transatlantic Trade and Investment Partnership (TTIP). The settlement of investment disputes figured prominently among the reasons for the anti-TTIP mood in Europe. For instance, an article in the Independent in 2015 commented that “TTIP’s biggest threat […]

September 8th, 2018|Finance|0 Comments|
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    Fab labs and D-Lab: two different philosophies of innovation?

Fab labs and D-Lab: two different philosophies of innovation?

Between 25 and 28 July 2018, I had the opportunity to participate in a rich learning expedition called #hackingday2018. It consisted of a set of visits and reflexive discussions about Boston’s academic, entrepreneurial and innovative eco-system. We followed a protocol combining planned and improvised visits going along with the flow of discussions and questions of the event itself (see the […]

September 7th, 2018|R&D and Innovation|1 Comment|

Business relationships boost firms’ performance

In the quest for identifying barriers to firm growth, much attention has been paid to barriers that act at the level of the individual firm. But firms do not operate in a vacuum: business relationships are potentially central. We conducted an intervention in China to measure their importance.

A field experiment with 2,820 firms

In 2013 we invited tens of thousands […]

September 6th, 2018|Management, Strategy|0 Comments|

The gay glass ceiling in the UK

Empirical research on sexual orientation and work-related inequality has focused on earnings and income. Several studies have found that gay men earn significantly less than similarly situated straight men, while lesbians earn more than similarly situated straight women (e.g., see Badgett 1995; Carpenter 2007; Aksoy et al. 2018; and others).

In contrast to earnings and income, little known about sexual […]

September 5th, 2018|Gender, IGA, LSE Authors|0 Comments|

Who stays longer, male or female CEOs?

Only 5 per cent of major North American firms had a female CEO as of January 2018. (Catalyst)

Clearly women are underrepresented at the top level of corporations, but the reasons for this are less clear. In a recent article, we investigate two different paths to the scarcity of female CEOs:

Women are appointed as CEO less often; and/or
Women are […]