Labor union effects on innovative activity

Article Abstract:

Union rent-seeking is considered a tax on firm returns from investments in innovative activity. We examine this proposition by considering the responses of firms in a 1985 survey on R&D and product innovation. Consistent with our model, we find that innovative activity is significantly less important for union than for similar nonunion firms. We concluded that innovative activity may be an important route through which union rent-seeking affects the long-run performance of firms. (Reprinted by permission of the publisher.)

Innovations, Industrial research, Economic policy

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The new people of power: the backgrounds and careers of top labor leaders

Article Abstract:

In this profile of the personal backgrounds and careers of top labor leaders, data indicate that they have followed a long and steady climb from their working-class backgrounds through the ranks of the union hierarchy. Similarities between labor leaders' backgrounds and careers and those of earlier leaders are provided. (Reprinted by permission of the publisher.)

Analysis, Management, Leadership

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