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native and foreign STEM graduates have statistically significant and economically large effects on innovation. Together these … results suggest that policies that increase the stocks of both foreign and native STEM graduates increase innovation and …
Persistent link: https://www.econbiz.de/10010418916
Understanding the factors that may produce a sustained rate of innovation is important for promoting economic … development and growth. In this paper, we examine the role of human capital in firms' innovation by using a large sample of … small and medium sized cities. Patent applications are used as the measure of innovation. Human capital indicators used …
Persistent link: https://www.econbiz.de/10011615502
We examine how collaborator loss affects knowledge workers in corporate R&D. We argue that such a loss affects the …
Persistent link: https://www.econbiz.de/10013414730
age effect. -- knowledge production function ; regional innovation analysis ; human capital ; aging ; demographic change … level. Using a regional knowledge production function to explain patenting activity in German districts, we propose to … innovation-relevant human capital or age-specific motivation to lead creative ideas to successful inventions. Departing from …
Persistent link: https://www.econbiz.de/10003884611
sustain the innovation process that is at the basis of our prosperity. In this paper we deal with the age distributions of … among inventors. Additionally, we advance the new hypothesis that any age-bias in innovation activity should show up as … is industry specific. We test this hypothesis with European patent data for Germany. -- innovation ; patents ; age …
Persistent link: https://www.econbiz.de/10003884618
Based on an established theoretical framework of the drivers of inventive performance, the so-called KSAO (Knowledge …
Persistent link: https://www.econbiz.de/10011381965
In this paper we investigate the nexus between firm labor diversity and innovation using a linked employer … and demographic characteristics to valuable firm's innovation activity. The latter is measured by: (1) the firm … firm's innovation outcomes. -- labor diversity ; ethnic diversity ; patenting activity ; extensive and intensive margins …
Persistent link: https://www.econbiz.de/10009663943
experience significantly better innovation outcomes, as measured by patents and future citations. We obtain these results in … CEOs on future innovation: firms whose CEO transitions to be an inventor experience positive abnormal stock returns …
Persistent link: https://www.econbiz.de/10012895725
One-in-five U.S. high-technology firms are led by CEOs with hands-on innovation experience as inventors. Firms led by … “Inventor CEOs” are associated with higher quality innovation, especially when the CEO is a high-impact inventor. During an …
Persistent link: https://www.econbiz.de/10012899676
innovation inputs and outputs. We show that top management quality is an important determinant of corporate innovation, with … different individual aspects of management quality affecting innovation in younger and older firms differently. Further, firms … with higher top management quality engage in more risky (“explorative”) innovation strategies. Finally, hiring more and …
Persistent link: https://www.econbiz.de/10012936994