Derrien, François; Kecskes, Ambrus; Nguyen, Phuong Anh - 2017
Firms in younger labor markets produce more innovation. We establish this by instrumenting the current labor force with … unobservable heterogeneity across local labor markets and firms, life cycles, and other effects. Corporate innovation in younger … as a group – inventors interacting with non-inventors – produce more innovation for firms through the labor supply …