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Professor Jim Love

Economics and Strategy Group

Professor Jim Love

I’ve been a Professor at Aston Business School since 1998, apart from a brief period spent at Birmingham University.  Before that I spent a number of years in the Economics department at Strathclyde University.

My background is in applied microeconomics, principally in the fields of international business and innovation.  Most of my work is empirical, using firm-level datasets.

I am currently a member of the Research Committee of the ESRC.

Position: Professor of Economics 
Phone:+44(0)121 204 3001
Email: j.h.love@aston.ac.uk
Room: SW1013

  • BA in Economics, University of Strathclyde, 1978

  • PhD in Economics, University of Strathclyde, 1988

BS3332 Economics of Multinational Enterprise

1.     Knowledge Co-ordination, Innovation and Business Performance
This work is based on the econometric estimation of the innovation value chain linking the sources of innovation inputs (internal R&D and external knowledge sourcing) to innovation outputs, and estimating the effect this has on productivity, profitability and growth.  Another element of this work examines the determinants and effects of innovation in services, and the dynamics of open innovation.

2.     Foreign Direct Investment: Motives and Effects
Present research focuses on technology sourcing as a motivation for FDI among OECD countries, and the link between the motivation for FDI and spillover effects on domestic productivity and labour demand.  Another strand of this work examines the MNE as a source of intra-firm and international knowledge and technology transfer.

Linking the first two themes is a programme of work estimating jointly the effects of innovation, ownership and exporting on performance (productivity profitability and growth) at the firm level.

3.     Theory of the Firm/MNE
My current theoretical interest lies in the development of an opportunism-independent theory of the firm which is nevertheless contractual and consistent with a transaction-cost perspective.

1.     The Dynamics of Open Innovation (October 2010 to March 2012, with S Roper). Funded by ESRC
2.    
The use of Alternatives to Patents, and limits to Incentives (June to December 2010, with Vania Sena and Mark Rogers), Funded by
       Intellectual Property Office
3.    
Measuring Firm-level Innovation Performance in Nine Areas of the UK Economy (February to September 2009, with S Roper and J
       Bryson). Funded by NESTA
4.    
A Comparative Evaluation of the Impact of UK Trade & Investment’s R&D Programme (October 2008 to March 2009, with M Hart and N
       Driffield). UKTI/BERR.
5.    
Growing Inward and Indigenous Investment (January to December 2008, with N Driffield et al ). Funded by Manchester Independent
       Economic Review
6.    
Supermodularity and Complementarity in the Organization of Innovation (January 2005 to September 2006  with S Roper).  Funded by
       ESRC
7.    
Knowledge Co-ordination, Innovation and Business Performance (October 2004 to December 2005 with S Roper).  Funded by ESRC

I’m interested in supervising doctoral students in the following areas:

  • The innovation value chain and open innovation

  • The relationship between innovation and exporting at the firm level

  • Technology transfer and the multinational enterprise

  • Fellow of the Higher Education Academy (FHEA)
  • Academian of the Academy of Social Sciences (AcSS)

 

  • Ganotakis P and Love J H (2013) ‘Export Propensity, Export Intensity and Firm Performance: The Role of the Entrepreneurial Founding Team’ Journal of International Business Studies, forthcoming.
  • Love J H and Ganotakis P (2013) ‘Learning by Exporting: Lessons from high-technology SMEs’, International Business Review, forthcoming.
  • Ganotakis P and Love J H (2012) ‘The innovation value chain in new technology based firms: evidence from the UK’, Journal of Product Innovation Management, forthcoming
  • Love J H, Roper S and Bryson J R (2011) ‘Openness, knowledge, innovation and growth in UK business services’, Research Policy, 40, 1438-1452.
  • Ganotakis P and Love J H (2011) ‘R&D, product innovation, and exporting: evidence from UK new technology based firms’, Oxford Economic Papers, 63, 279-306.
  • Love J H, Roper S and Hewitt-Dundas N (2010) ‘Service Innovation, Embeddedness and Business Performance: Evidence from Northern Ireland’, Regional Studies, 44, 983-1004.
  • Love J H (2010) ‘Opportunism, hold-up and the (contractual) theory of the firm’, Journal of Institutional and Theoretical Economics, 166, 479-501.
  • Driffield N, Love J H and  Menghinello S (2010) ‘The Multinational Enterprise as a Source of International  Knowledge Flows: Direct Evidence from Italy’, Journal of International Business Studies, 41, 350-359.
  • Love J H and Mansury M A (2009) ‘Exporting and Productivity in Business Services: Evidence from the United States’, International Business Review, 18, 630-642.
  • Love J H and Roper S (2009) ‘Organizing the Innovation Process: Complementarities in Innovation Networking ‘, Industry and Innovation, 16, 273-290.
  • Love J H, Roper S and Du J (2009) ‘Innovation, ownership and profitability’, International Journal of Industrial Organization, 27, 424-434.
  • Driffield N, Love J H  and Taylor K (2009) ‘Productivity and Labour Demand Effects of Inward and Outward FDI on UK Industry’, Manchester School, 77, 171-203.
  • Love J H and Roper S (2009) ‘Organizing Innovation: Complementarities Between Cross-Functional Teams’ Technovation, 29, 192-203.
  • Roper S, Du J and Love JH (2008) ‘Modelling the innovation value chain’, Research Policy, 37, 961-977.
  • Mansury M A and Love J H (2008) ‘Innovation, productivity and growth in US business services: a firm-level analysis, Technovation, 28, 52-62.
  • Love J H and Roper S (2009) ‘Organizing Innovation: Complementarities Between Cross-Functional Teams’ Technovation, 29, 192-203.
  • Roper S, Du J and Love JH (2008) ‘Modelling the innovation value chain’, Research Policy, 37, 961-977.
  • Mansury M A and Love J H (2008) ‘Innovation, productivity and growth in US business services: a firm-level analysis, Technovation, 28, 52-62.

Employable Graduates; Exploitable Research