Human Capital Diversity and Product Innovation: A Micro-Level Analysis
AbstractThe paper investigates the relationship between human capital diversity measured in terms of occupational diversity and a firm's likelihood to innovate. The empirical analysis is based on a linked employer-employee panel dataset of German firms over the period 1998 to 2007. Despite notable differences between service and manufacturing firms, our results clearly indicate a positive relationship between occupational diversity and the propensity to innovate.
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Bibliographic InfoPaper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers with number 2010-027.
Date of creation: 19 Apr 2010
Date of revision:
Human Capital; Diversity; Innovation;
Find related papers by JEL classification:
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-05-02 (All new papers)
- NEP-HRM-2010-05-02 (Human Capital & Human Resource Management)
- NEP-INO-2010-05-02 (Innovation)
- NEP-KNM-2010-05-02 (Knowledge Management & Knowledge Economy)
- NEP-MIC-2010-05-02 (Microeconomics)
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