Professor John Van Reenen, director of the Centre for Economic Performance (CEP) at LSE, has been awarded the Yrjö Jahnsson Award in Economics 2009, Europe's most prestigious prize for economic researchers. He shares the award with Fabrizio Zilibotti of the University of Zurich, who is an alumnus of LSE.
The citation from the Board of the Yrjö Jahnsson Foundation, which nominated them as recipients, says: 'John Van Reenen and Fabrizio Zilibotti, both on their own and in joint work, have made several important contributions to the analysis of technological innovation and its link with economic growth and labour market phenomena.
'The work of Van Reenen and Zilibotti addresses very relevant questions, with rich policy implications, using a diversity of research styles and methods, but always with the highest standards of rigour and excellence.'
The award is given every two years in cooperation with the European Economic Association (EEA) to a European economist under the age of 45 who has made a contribution in theoretical and applied research that is significant to economics in Europe. Professor Van Reenen joins a selective list of previous winners, which include LSE professors Timothy Besley, Nobuhiro Kiyotaki and John Moore.
The Award recognises the broad scope and impact of Professor Van Reenen's research on the world of work and business. 'John Van Reenen has made several contributions to the empirical analysis of labour markets, competition policy and industrial economics, especially in areas relating to productivity growth, management practices, R&D, intellectual property, and investment decisions.
'He has also done pioneering work on the organizational structure of the firm and its relation to innovation, contributing both with empirical evidence and measurement tools.'
Professor Van Reenen said: 'I am deeply honoured to receive this award. It belongs more to the wonderful colleagues and students I have been so lucky to have worked with over the years.'
John Van Reenen on 07803 614137;
Hannu Vartiainen at the Yrjö Jahnsson Foundation (+358 -40-720-6808);
or Romesh Vaitilingam on 07768 661095, email: email@example.com
1 September 2009