implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in …Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both … incumbent workers' knowledge, based on experience, and knowledge about the latest technologies, along with the skills needed to …

knowledge spillovers and shift a location to a higher growth path. …

years old. A more detailed analysis of the working-age distribution suggests that startups in knowledge-based (high …