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Positive effects of ageing and age diversity in innovative companies - large-scale empirical evidence on company productivity


Backes-Gellner, Uschi; Veen, Stephan (2013). Positive effects of ageing and age diversity in innovative companies - large-scale empirical evidence on company productivity. Human Resource Management Journal, 23(3):279-295.

Abstract

This article investigates how age diversity within a company's workforce affects company productivity. It introduces a theoretical framework that helps integrate results from a broad disciplinary spectrum of ageing and diversity research to derive empirically testable hypotheses on the effects of age diversity on company productivity. It argues that first the balance between costs and benefits of diversity determines the effect of age diversity on company productivity, and that second the type of task performed acts as a moderator. To test these hypotheses, it uses a large-scale employer–employee panel data set. Results show that increasing age diversity has a positive effect on company productivity if and only if a company engages in creative rather than routine tasks.

Abstract

This article investigates how age diversity within a company's workforce affects company productivity. It introduces a theoretical framework that helps integrate results from a broad disciplinary spectrum of ageing and diversity research to derive empirically testable hypotheses on the effects of age diversity on company productivity. It argues that first the balance between costs and benefits of diversity determines the effect of age diversity on company productivity, and that second the type of task performed acts as a moderator. To test these hypotheses, it uses a large-scale employer–employee panel data set. Results show that increasing age diversity has a positive effect on company productivity if and only if a company engages in creative rather than routine tasks.

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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Business Administration
Dewey Decimal Classification:330 Economics
Language:English
Date:2013
Deposited On:29 Jan 2014 09:29
Last Modified:16 Feb 2018 19:11
Publisher:Wiley-Blackwell
ISSN:0954-5395
OA Status:Closed
Publisher DOI:https://doi.org/10.1111/1748-8583.12011
Other Identification Number:merlin-id:8332

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