Churning of R&D personnel and innovation
This paper explores the role of R&D worker mobility on innovation performance. As one main novelty, we employ churning as a measure for worker mobility. Churning depicts the number of workers which are replaced by new ones. It is a very informative indicator since a firm may be exposed to simultaneous leave and inflow of R&D workers even if the size of R&D employment remains unchanged. Hence, we can separate the effect of replacement from net change in R&D workforce. Our results from estimating various knowledge production functions suggest an inverse u-shaped relationship. The exchange of R&D personnel fosters innovation through inter-firm knowledge spillovers and improved job-match quality up to certain threshold. The point when costs of churning exceed the benefits is reached faster if the R&D knowledge is non-duplicative.
|Date of creation:||2010|
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- David J. Teece, 2003.
"Competition, Cooperation, and Innovation Organizational Arrangements for Regimes of Rapid Technological Progress,"
World Scientific Book Chapters,
in: Essays In Technology Management And Policy Selected Papers of David J Teece, chapter 16, pages 447-474
World Scientific Publishing Co. Pte. Ltd..
- Teece, David J., 1992. "Competition, cooperation, and innovation : Organizational arrangements for regimes of rapid technological progress," Journal of Economic Behavior & Organization, Elsevier, vol. 18(1), pages 1-25, June.