What Drives Differences in Management Practices?

• 成果类型: Article
• 署名作者: Bloom, Nicholas; Brynjolfsson, Erik; Foster, Lucia; Jarmin, Ron; Patnaik, Megha; Saporta-Eksten, Itay; Van Reenen, John
• 署名单位: Stanford University; Stanford University; National Bureau of Economic Research; Massachusetts Institute of Technology (MIT); Indian Statistical Institute; Indian Statistical Institute Delhi; Tel Aviv University; University of London; University College London; Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT); University of London; London School Economics & Political Science
• 刊物名称: AMERICAN ECONOMIC REVIEW
• ISSN/ISSBN: 0002-8282
• DOI: 10.1257/aer.20170491
• 发表日期: 2019
• 页码: 1648-1683
• 关键词: human-resource management; information-technology; PRODUCTIVITY; IMPACT; performance; incentives; computers; demand; teams

摘要

Partnering with the US Census Bureau, we implement a new survey of structured management practices in two waves of 35,000 manufacturing plants in 2010 and 2015. We find an enormous dispersion of management practices across plants, with 40 percent of this variation across plants within the same firm. Management practices account for more than 20 percent of the variation in productivity, a similar, or greater, percentage as that accounted for by R&D, ICT, or human capital. We find evidence of two key drivers to improve management. The business environment, as measured by right-to-work laws, boosts incentive management practices. Learning spillovers, as measured by the arrival of large Million Dollar Plants in the county, increases the management scores of incumbents.