Growth in advanced economies is essentially driven by innovation activities. From a demographic point of view the … question rises, whether the trend of an ageing workforce will affect the innovation capacities of these economies. To answer … model, relating a firm's innovation potential to the age composition of its employees. The analysis provides evidence of …

and wages, on innovation as well as on mobility is explored empirically. The econometric analyses are based on firm and … aged around 40 years seem to act as key driver for innovation activities within firms. An additional finding concerns the … impact of age diversity on innovation. The expected positive effect of a heterogeneous age structure is not confirmed by the …