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Experience, innovation and productivity: Empirical evidence from Italy's slowdown

Authors :
Daveri, Francesco
Parisi, Maria Laura
Publication Year :
2010
Publisher :
Munich: Center for Economic Studies and ifo Institute (CESifo), 2010.

Abstract

We investigate the role of workers' and managerial experience as a determinant of firm innovation and productivity in a sample of Italian manufacturing firms. A high share of temporary - thus un-experienced - workers is associated to low innovation and productivity. The effect of managerial experience measured 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.

Details

Language :
English
Database :
OpenAIRE
Accession number :
edsair.od......1687..b086fd9a148ead644be08575adc846a9