Users can develop innovations which will benefit other people and contribute to firm’s innovation capability. However, user innovation often fails to diffuse. In this study, we take the perspective of vocational and retirement studies to analyze whether the older age (60+ years old) of the...

We study the effect of a declining labor force on the incentives to engage in labor-saving technical change and ask how this effect is influenced by institutional characteristics of the pension scheme. When labor is scarcer it becomes more expensive and innovation investments that increase labor...

We study the effect of a declining labor force on the incentives to engage in labor-saving technical change and ask how this effect is influenced by institutional characteristics of the pension scheme. When labor is scarcer it becomes more expensive and innovation investments that increase labor...