There is consistent evidence in the literature that average employee age is negatively related to firm-level innovativeness. This observation has been explained by older employees working with outdated technological knowledge and being characterized by reduced cognitive flexibility. We argue...

Evolutionary economic theorizing and related approaches explain persistent heterogeneity in R&D activities between firms with persistent inter-firm differences in R&D-related routines and capabilities. Emphasizing the importance experiential learning leading to pathdependence of R&D strategies,...

There is consistent evidence in the literature that an average employee's age is negatively related to firm-level innovativeness. This observation has been explained by older employees working with outdated technological knowledge and being characterized by reduced cognitive flexibility. We...