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 noninnovative firms.
Experience, innovation and productivity. Empirical evidence from Italy's slowdown.
PARISI, Maria Laura
2010-01-01
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 noninnovative firms.File in questo prodotto:
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