.

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

Academic

  • Professor of International Business and Innovation, Aston Business School. (April 1, 2012 - Present)
  • Professor of International Business, University of Birmingham. (2011 - March 31, 2012)
  • Professor of Economics and International Business, Aston Business School. (1998 - 2011)

 

  • BS3332 Economics of Multinational Enterprise 
  • BSM935, International Business Research
  • DISS1, Dissertation Part 1
  • DISS2, Dissertation Part 2
  • MBAPROJ, Project Part B

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.

  • The Dynamics of Open Innovation (October 2010 to March 2012, with S Roper). Funded by ESRC
  • 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
  • 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
  • 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. 
  • Growing Inward and Indigenous Investment (January to December 2008, with N Driffield et al ). Funded by Manchester Independent 
  • Supermodularity and Complementarity in the Organization of Innovation (January 2005 to September 2006  with S Roper).  Funded by ESRC
  • 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

  • Reviewer, Ad Hoc Reviewer, Applied Economics.
  • Reviewer, Ad Hoc Reviewer, Economic Journal.
  • Reviewer, Ad Hoc Reviewer, Industry and Innovation.
  • Reviewer, Ad Hoc Reviewer, International Journal of Technology Management.
  • Reviewer, Ad Hoc Reviewer, International Journal of the Economics of Business.
  • Reviewer, Ad Hoc Reviewer, International Review of Applied Economics.
  • Reviewer, Ad Hoc Reviewer, International Small Business Journal.
  • Reviewer, Ad Hoc Reviewer, Journal of Comparative Economics.
  • Reviewer, Ad Hoc Reviewer, Journal of Development Studies.
  • Reviewer, Ad Hoc Reviewer, Journal of Economuic Studies.
  • Reviewer, Ad Hoc Reviewer, Journal of Institutional Economics.
  • Reviewer, Ad Hoc Reviewer, Journal of International Business Studies.
  • Reviewer, Ad Hoc Reviewer, Journal of Technology Transfer.
  • Reviewer, Ad Hoc Reviewer, Oxford Bulletin of Economics and Statistics.
  • Reviewer, Conference Paper, Oxford Economic Papers.
  • Reviewer, Ad Hoc Reviewer, Papers in Regional Science.
  • Reviewer, Ad Hoc Reviewer, Regional Studies.
  • Reviewer, Ad Hoc Reviewer, Research Policy.
  • Reviewer, Ad Hoc Reviewer, Review of Industrial Organization.
  • Reviewer, Ad Hoc Reviewer, Scottish Journal of Political Economy.
  • Reviewer, Ad Hoc Reviewer, Small Business Economics.
  • Reviewer, Ad Hoc Reviewer, Technovation.
  • Reviewer, Ad Hoc Reviewer, Urban Studies.
  • Reviewer, Ad Hoc Reviewer, World Development.
  • Reviewer, Ad Hoc Reviewer, World Economy. 

 

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

Refereed Journal Articles

  • Roper, S., Love, J., Yang, Y. (2014). Externalities of openness in innovation.
  • Driffield, N., Love, J., Yang, Y. (2014). Technology Sourcing and Reverse Productivity Spillovers in the MNE: Global or Regional Phenomenon?.
  • Ganotakis, P., Hsieh, W.-L., Love, J. (2013). Information systems, inter-functional collaboration and innovation in Taiwanese high-tech manufacturing firms.
  • Love, J., Ganotakis, P. (2013). Learning by exporting: Lessons from high-technology SMEs.
  • Ganotakis, P., Love, J. (2012). The innovation value chain in new technology based firms: evidence from the UK.
  • Ganotakis, P., Love, J. (2012). Export propensity, export intensity and firm performance: The role of the entrepreneurial founding team.
  • Love, J., Roper, S., Bryson, J. R. (2011). Openness, knowledge, innovation and growth in UK business services.
  • Love, J. (2010). Opportunism, hold-up and the (contractual) theory of the firm.
  • Love, J., Hewitt-Dundas, N. (2010). Service innovation, embeddedness and business performance: Evidence from Northern Ireland.
  • Driffield, N., Love, J., Menghinello, S. (2010). The multinational enterprise as a source of international knowledge flows: Direct evidence from Italy.
  • Love, J., Mansury, M. A. (2009). Exporting and productivity in business services: Evidence from the United States.
  • Love, J., Roper, S., Du, J. (2009). Innovation, ownership and profitability.
  • Love, J., Roper, S. (2009). Organizing innovation: Complementarities between cross-functional teams.
  • Love, J., Roper, S. (2009). Organizing the innovation process: Complementarities in innovation networking.
  • Driffield, N., Love, J., Taylor, K. (2009). Productivity and labour demand effects of inward and outward FDI on UK industry.
  • Mansury, M. A., Love, J. (2008). Innovation, productivity and growth in US business services: a firm-level analysis.
  • Roper, S., Du, J., Love, J. (2008). Modelling the innovation value chain.
  • Love, J., Mansury, M. A. (2007). External linkages, R&D and innovation performance in US business services.
  • Driffield, N., Love, J. (2007). Linking FDI motivation and host economy productivity effects: conceptual and empirical analysis.
  • Du, J., Love, J., Roper, S. (2007). The innovation decision: An economic analysis.
  • Driffield, N., Love, J. (2006). Does the motivation for foreign direct investment affect productivity spillovers to the domestic sector?.
  • Driffield, N., Love, J. (2005). Intra-industry foreign direct investment, uneven development and globalisation: The legacy of Stephen Hymer.
  • Roper, S., Hewitt-Dundas, N., Love, J. (2004). An ex ante evaluation framework for publicly supported R&D projects.
  • Love, J., Roper, S. (2004). The organisation of innovation: collaboration, co-operation and multifunctional groups in UK and German manufacturing.
  • Driffield, N., Love, J. (2003). Foreign direct investment, technology sourcing and reverse spillovers.
  • Love, J. (2003). Technology sourcing versus technology exploitation: An analysis of US Foreign Direct Investment flows.
  • Roper, S., Love, J. (2002). Innovation and export performance: evidence from UK and German manufacturing plants.
  • Love, J., Roper, S. (2002). Internal versus external R&D: a study of R&D choice with sample selection.
  • Love, J., Roper, S. (2001). Location and network effects on innovation success: evidence for UK, German and Irish manufacturing plants.
  • Love, J., Roper, S. (2001). Outsourcing in the innovation process: locational and strategic determinants.
  • Love, J., Lage-Hidalgo, F. (2000). Analysing the determinants of US direct investment in Mexico.
  • Roper, S., Love, J., Ashcroft, B. (2000). Industry and location effects on UK plants' innovation propensity.
  • Love, J., Lage-Hidalgo, F. (1999). Is there competition for US direct investment? A perspective on NAFTA.
  • Love, J., Ashcroft, B. (1999). Market versus corporate structure in plant-level innovation performance.
  • Love, J., Roper, S. (1999). The determinants of innovation: R&D, technology transfer and networking effects.
  • Love, J., Lage-Hidalgo, F. (1999). The ownership advantage in Latin American FDI: a sectoral study of US direct investment in Mexico.
  • Love, J., Stephen, F. H. (1997). Deregulation and professional boundaries: evidence from the English legal profession.
  • Love, J. (1997). The transaction cost theory of the (multinational) firm: a note.
  • Love, J., Stephen, F. H. (1996). Advertising, price and quality in self-regulating professions: a survey.
  • Love, J., Ashcroft, B., Dunlop, S. (1996). Corporate structure, ownership and the likelihood of innovation.
  • Love, J. (1996). Entry and exit: a county-level analysis.
  • Ashcroft, B., Love, J. (1996). Firm births and employment change in the British counties 1981-1989.
  • Love, J. (1996). The determinants of variations in exit rates.
  • Love, J., Stephen, F. H., Paterson, A. A. (1995). Business strategies and the small professional firm: evidence from the conveyancing market.
  • Love, J. (1995). Knowledge, market failure and the multinational enterprise: a theoretical note.
  • Love, J. (1995). The measurement of entry rates: reconsideration and resolution.
  • Ashcroft, B., Dunlop, S., Love, J. (1995). UK innovation policy: a critique.
  • Stephen, F. H., Love, J., Paterson, A. A. (1994). Deregulation of conveyancing markets in England and Wales.
  • Stephen, F. H., Love, J., Paterson, A. A. (1994). Deregulation of conveyancing markets in England and Wales.
  • Love, J. (1994). EC mergers policy and regional economic cohesion.
  • Love, J. (1994). The operation of EC mergers policy: issues raised by the Midland Bank takeover.
  • Stephen, F. H., Love, J., Gillanders, D. D., Paterson, A. A. (1993). A critical  assumption in testing for price discrimination in the market for conveyancing services.
  • Stephen, F. H., Love, J., Gillanders, D. D., Paterson, A. A. (1993). Deregulation and price discrimination in the conveyancing market.
  • Ashcroft, B., Love, J. (1992). External takeovers and the performance of regional companies: a predictive model.
  • Love, J., Scouller, J. (1992). Growth by acquisition: revisited.
  • Stephen, F. H., Love, J., Gillanders, D. D., Paterson, A. A. (1992). Testing for price discrimination in the market for conveyancing services.
  • Ashcroft, B., Love, J., Malloy, E. (1991). New firm formation in the British counties with special reference to Scotland.
  • Love, J. (1990). External takeover and regional linkage adjustment: the case of Scotch whisky.
  • Love, J., Scouller, J. (1990). Growth by acquisition: the lesson of experience.
  • Love, J., McNicoll, I. H. (1990). The economic impact of university funding cuts.
  • Ashcroft, B., Love, J. (1989). Evaluating the effects of external takeover on the performance of regional companies: the case of Scotland, 1965 to 1980.
  • Love, J. (1989). External takeover and regional economic development: a survey and critique.
  • Love, J., Simpson, D., Walker, J. (1989). The impact of new technology on labour flexibility and working practices: a management perspective.
  • Paterson, A., Farmer, L., Stephen, F., Love, J. (1988). Competition and the market for legal services.
  • Love, J., McNicoll, I. H. (1988). The regional economic impact of overseas students in the UK: A case study of three Scottish Universities.
  • Ashcroft, B., Love, J. (1988). The regional interest in UK mergers in UK policy.

 

Journal Articles

  • Love, J., Roper, S., P. V. (2014). Learning from openness: the dynamics of breadth in external innovation linkages.
  • Ganotakis, P., Love, J. (2011). R&D, product innovation, and exporting: evidence from UK new technology based firms.
  • Roper, S., Love, J. (2006). Innovation and regional absorptive capacity: the labour market dimension.
  • Roper, S., Love, J., Anon Higon, D. (2006). The determinants of export performance: Evidence for manufacturing plants in Ireland and Northern Ireland.
  • Love, J., Roper, S. (2005). Economists' perceptions versus managers' decisions: an experiment in transaction cost analysis.
  • Love, J. (2005). On the opportunism-independent theory of the firm.
  • Stephen, F. H., Love, J. (1996). Deregulation of legal services in the UK: evidence from conveyancing.
  • Ashcroft, B., Love, J. (1994). New firm formation in the British counties and regions of Scotland.
  • Love, J., Stephen, F. H., Gillanders, D. D., Paterson, A. A. (1992). Spatial aspects of deregulation in the market for legal services.
  • Ashcroft, B., Love, J. (1990). Corporate takeovers and the interests of regions and local communities (Occasional Paper No. 17).
  • Love, J., Dunlop, S. (1990). The domestic impact of overseas aid: a case study of aid and trade provision.
  • Farmer, L., Paterson, A., Stephen, F., Love, J. (1988). Advertising by solicitors.
  • Love, J. (1986). Guinness and distillers: some current issues in mergers policy.
  • Love, J. (1986). Some current issues in mergers policy: a reply to Sir Gordon Borrie's letter.
  • Love, J. (1985). Guinness v Arthur Bell: what are the issues?.
  • Love, J. (1984). The changing face of Scotch.

 

Official Reports

  • Roper, S., Bryson, J., Hales, C., Love, J. (2009).
  • Love, J., Driffield, N., Roper, S., Scott, J. (2007). Factors influencing the relative economic performance of the West Midlands.
  • Roper, S., Love, J., Cooke, P., Clifton, N. (2006). The Scottish innovation system: Actors roles and actions.
  • Roper, S., Ashcroft, B., Love, J., Dunlop, S., Hofmann, H., Vogler-Ludwig, K. (1996). Product innovation and development in UK, German and Irish manufacturing.
  • Ashcroft, B., Dunlop, S., Love, J. (1994). Innovation in Scottish manufacturing industry.
  • Ashcroft, B., Love, J., Scouller, J. (1987). The economic effects of the inward acquisition of Scottish manufacturing companies 1965 to 1980.

 

Book Chapters

  • Driffield, N., Henry, M., Love, J. (2008). Trade, technology transfer, and productivity spillovers.
  • Love, J., Roper, S. (2007). Innovation, productivity and growth: an analysis of Irish data.
  • Roper, S., Hewitt-Dundas, N., Love, J. (2003). Research and development centres in less favoured regions: towards an ex ante impact assessment.
  • Love, J. (2001). Patterns of networking in the innovation process: a comparative study of the UK, Germany and Ireland.
  • Stephen, F. H., Love, J. (2000). Regulation of law firms.
  • Love, J. (1998). External takeover and regional economic development: a survey and critique.
  • Ashcroft, B., Love, J. (1996). Employment change and new firm formation in Uk counties, 1981-9.
  • Love, J. (1995). External takeover and regional economic development: a survey and critique.
  • Love, J. (1988). The economic impact of exporting gas turbine power stations to China.
  • Love, J., Walker, J. (1986). Problems of new technology deployment in the mechanical engineering and printing industries: a case study.

 

Presentations

  • Love, J., Ganotakis, P., DRUID Summer Conference 2010, "Learning by exporting: lesson from high-technology SMEs," London, UK. (2010)

 

Employable Graduates; Exploitable Research