Experience, innovation and productivity. Empirical evidence from Italy's slowdown
We investigate the role of workers’ and managerial experience as a determinant of firm innovation and productivity in a sample of about ten thousands Italian firms. A high share of temporary – thus un-experienced - workers is associated to low innovation and productivity. The effect of managerial experience proxied by age on firm performance depends instead on the type of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits of old managerial age cancel out for non-innovative firms.
Year of publication: |
2010
|
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Authors: | Daveri, Francesco ; Parisi, Maria Laura |
Institutions: | Dipartimento di Economia e Management, Università degli Studi di Brescia |
Saved in:
freely available
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