Management with Impact

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    Cultural, administrative, and economic proximity between the UK and Canada should be good for trade

Cultural, administrative, and economic proximity between the UK and Canada should be good for trade

Economists place considerable emphasis on the role of (geographic) distance in explaining the pattern of international trading relationships. Using a metaphor from Newtonian physics, trade and foreign direct investment (FDI) between countries are often seen as being driven by the forces of gravity, encapsulated in the relative size of their markets and the distance between their economies. Moreover, as […]

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    Global cities, multinationals, and trade in the age of Brexit

Global cities, multinationals, and trade in the age of Brexit

This post is the third in a series analysing the prospects for trade and foreign direct investment (FDI) diversification, with a particular focus on the UK and Canada in the age of Brexit. Daniel Shapiro, Saul Estrin, Christine Cote, Klaus Meyer, and Jing Li examine the nature of trade in services using ideas developed in the international business and economic geography literature to explore […]

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    Can the UK capitalise on its service-based economy for trade diversification post Brexit?

Can the UK capitalise on its service-based economy for trade diversification post Brexit?

As concerns increase over the prospects for a positive post-Brexit agreement with the EU on the terms of exit, much attention continues to be focused on the attractiveness and viability of UK trade diversification. Our first post concluded that physical distance still matters in economic relations between countries and that the role of gravity when considering trade in goods, […]

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    Can Brexit defy gravity? It is still much cheaper to trade with neighbouring countries

Can Brexit defy gravity? It is still much cheaper to trade with neighbouring countries

Is the UK locked into economic relationships dominated by geography? Can it reorient its trade and FDI patterns from the slower growing European economy to faster-growing markets in Asia, Latin America and Africa, as promised by the proponents of Brexit? In this article Saul Estrin, Christine Cote (LSE), and Daniel Shapiro (Simon Fraser University) concentrate their attention on trade […]

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    Entrepreneurial activity in the UK is strong, but regionally unbalanced

Entrepreneurial activity in the UK is strong, but regionally unbalanced

Mobilise labour and knowledge and the UK will enjoy a more inclusive and sustainable entrepreneurial society, writes Saul Estrin

 

Experts in the field of entrepreneurship recently met at the London School of Economics to discuss reform strategies proposed in a new policy brief, which seeks to promote entrepreneurship in the UK.

Dr Mark Sanders, Associate Professor at the Utrecht University School of […]

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    Cognitive performance in competitive environments: do psychological differences matter?

Cognitive performance in competitive environments: do psychological differences matter?

Professor Ignacio Palacios-Huerta’s study of a chess match offers insight into the impact of psychological differences on cognitive performance in a competitive setting

 

Understanding cognition is important. Several studies establish that cognitive ability is a strong predictor of occupational attainment, wages, and a range of social behaviours in adults. It is also important for predicting the schooling performance of children, adolescents and […]

Breaking promises is bad for business

When firms break the psychological contract, employees may ‘pay it forward’ to colleagues and clients find Jacqueline Coyle-Shapiro and Hong Deng

 

When organisations break their promises to their employees, who suffers the consequences and why? Intuition, and indeed research, tells us that those who are harmed seek to redress the balance by harming their perpetrator. This can, for example, be […]

Taking #MeToo into global supply chains

Harassment and abuse are widespread among suppliers of multinationals, but better worker representation can offer women a protected voice, write Sarah Ashwin and Naila Kabeer

 

Sexual harassment in the workplace is not a new phenomenon. There have been some well publicised episodes before – Clarence Thomas, Justice in the American Supreme Court, and more recently, Dov Charney, founder of American […]

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    How Tesla is changing product life cycle in the car industry

How Tesla is changing product life cycle in the car industry

With software updates, any product can be open-ended and continuously in the making, argue Antti Lyyra and Kari Koskinen

 

Traditionally cars are sold as finished and complete products. Buyers do not expect new cars to improve or change once they are rolled out of the dealer’s premises. Only occasional maintenance, software updates or repairs are carried out to keep the […]

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    Naps in the office – is this the secret behind China’s digital success?

Naps in the office – is this the secret behind China’s digital success?

At the Huawei headquarters in Shenzhen, napping is the norm, and there is a general lack of overt hubris, write Will Venters and Carsten Sørensen

Last year, we spent a week visiting Shenzhen, China, to see the headquarters of one of the world’s most innovative and fastest-growing companies – Huawei. Since its founding in 1987, Huawei has grown to become […]