October 3, 2023, by aczht

Symposium on Innovation, Management Practices and Firm Performance

Back in June, Professor Cher Li, from the Department of Industrial Economics at Nottingham University Business School, collaborated with the Microeconomics Unit of the Competition and Markets Authority (CMA), to organise a Symposium on Innovation, Management Practices and Firm Performance.

This series of knowledge-exchange sessions was hosted by Professor Andrew Bacon OBE, Associate Dean for External Engagement, at the Nottingham University Business School.

More than 50 delegates from across the UK and Europe attended the symposium, including academics from over ten universities and policymakers from several government departments such as the Competition and Markets Authority (CMA), Department for Business and Trade (DBT), and Office for National Statistics (ONS). The sessions covered topics ranging from management practices, and business support interventions to institutional drivers of innovation.

Talks from keynote speakers included:

• Professor John Van Reenen (London School of Economics (LSE)) highlighted the importance of managerial quality.
• Dr Jakob Schneebacher (CMA) delivered an analysis on Managing to Adapt: Structured Management Practices and Firm Resilience.
• Dr Rocco Macchiavello (LSE) delivered a talk on the exploration of management efficiency in Rwanda’s coffee industry.
• Professor Rebecca Riley from the Economic Statistics Centre of Excellence (ESCoE) (King’s College London) provided an insightful discussion on management improvement efforts.
• Professor Richard Kneller (University of Nottingham) explored the crucial role of management in technological efficiency.

Professors Joel Stiebale (Düsseldorf), and Arijit Mukherjee (Nottingham University Business School), with Dr Gaia Dossi (LSE) offered, presentations on gains from patent protection, the intersection of unionisation and innovation, and the impact of racial discrimination on innovation, respectively.

Professor Li said: “This symposium was a step towards achieving our goal of bridging the gap between theory and practice, fostering innovative solutions, and aiding informed policy decisions. We are continuously providing a platform for knowledge sharing, aiming to enhance our reputation as a hub for cutting-edge research and impactful external engagement in industrial economics.

“I would like to thank all the speakers, discussants, and participants who contributed to making this event a success. The Department of Industrial Economics at Nottingham University Business School is dedicated to continuing its endeavour to promote synergy in research and practical insights in the realms of industrial economics and business performance.”

Find out more on the Industrial Economics webpage

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