Golo Henseke () (University of Rostock and Rostock Centre for the Study of Demographic Change, Germany) Thusnelda Tivig () (University of Rostock and Rostock Centre for the Study of Demographic Change, Germany)
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In Germany, a thread to growth is perceived from demographic change. Demographic change means that a population is aging with the perspective of shrinking. The key question is whether an aging and shrinking population has enough talents to sustain the innovation process that is at the basis of our prosperity. In this paper we deal with the age distributions of inventivity. Specifically, we confirm past conjectures that inventive productivity is age dependent and unequally distributed among inventors. Additionally, we advance the new hypothesis that any age-bias in innovation activity should show up as industry-specific. The reason is that creative productivity is depending on the rate of technological change that on its part is industry specific. We test this hypothesis with European patent data for Germany.
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Find related papers by JEL classification: O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity B3 - Schools of Economic Thought and Methodology - - History of Thought: Individuals
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