innovation performance, addressing endogeneity by exploiting within firm variation as well as variation in labor supply across … regions. We find that vertical educational diversity increases the extensive margin of R&D and product innovation …, particularly new product innovation. However, the relationship with process innovation, R&D intensity, and product innovation …

universities and tested them on Swiss firm data. In a second step, we investigated the impact on innovation performance of …-oriented firms. We further found a positive effect on innovation performance for exploration-oriented firms but not for those that …