Experience, innovation and productivity. Empirical evidence from Italy's slowdown
AbstractWe investigate the role of workers’ and managerial experience as a determinant of firm innovation and productivity in a sample of about ten thousands Italian firms. A high share of temporary – thus un-experienced - workers is associated to low innovation and productivity. The effect of managerial experience proxied by age on firm performance depends instead on the type of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits of old managerial age cancel out for non-innovative firms.
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Bibliographic InfoPaper provided by University of Brescia, Department of Economics in its series Working Papers with number 1009.
Date of creation: 2010
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Web page: http://www.unibs.it/atp/page.1019.0.0.0.atp?node=224
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Other versions of this item:
- Francesco Daveri & Maria Laura Parisi, 2010. "Experience, Innovation and Productivity - Empirical Evidence from Italy's Slowdown," CESifo Working Paper Series 3123, CESifo Group Munich.
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- M54 - Business Administration and Business Economics; Marketing; Accounting - - Personnel Economics - - - Labor Management
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
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