Despite the growing awareness of the different approaches and techniques used to improve decision making, there is little scientific understanding of the best approach. In this IGL funded trial, researchers from Bocconi University present their findings from a randomised controlled trial (RCT) into whether adopting a scientific approach improves entrepreneurial decision making and firm performance.
Read the latest blogs from the IGL network.
After the Winter Research Meeting in November, we’re highlighting the people behind the research - understanding the motivations for their work, the effect their research has on the wider world, and further research questions which have come to light over the course of their research. Part one is with Jean Joohyun Oh of Columbia Business School.
Should governments offer business training at free or heavily subsidised prices, or instead charge prices that at least cover the cost of provision? Researchers from Bocconi University present their findings on this IGL-funded trial.
“It started with a visit to a shopping mall,” began Robert Dur, our afternoon keynote speaker at the IGL Winter Research Meeting in Amsterdam. Eszter Czibor rounds up our latest event - the IGL Winter Research Meeting.
A new wave of policy experimentation is underway across the EU. The European Commission is funding 13 projects led by agencies from 8 different European countries who have been selected to trial new innovation support programmes. Last week, they all met in Brussels for the kick-off meeting.
We’re glad to announce that we will be supporting Taftie’s new task force on experiments. We will help the network of European innovation agencies through a two-year long programme of workshops on experimentation. The programme will be a blend of capacity building, peer exchanges of ideas, and a platform for participants to launch experiments in their own home countries.
We are very pleased to announce that the UK Business Department for Business, Energy and Industrial Strategy (BEIS) and Innovate UK have now opened the third round of the Business Basics Fund.
It’s not always easy to find reliable and robust experimental research which we can use to learn what works in different contexts. Therefore, to encourage evidence-based policymaking, we have updated our database and include over 150 Randomised Controlled Trials (RCTs) in the field of innovation, entrepreneurship and growth.
What comes first to mind when we hear the words “technology adoption”? Answers tend to range widely, from a new machine, to a resistant seed variety, to an online payment method, but they rarely include organisational practices. However, besides using new inputs or processes for the production of goods and the delivery of services, we can also improve firm productivity by changing its “management technology”.
Technology adoption is deeply intertwined with growth and productivity: differences in the speed with which technologies diffuse can explain a large share of the differences in wealth between countries.