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The innovative capacity of an aging workforce


The innovative capacity of an aging workforce. Edited by: Backes-Gellner, Uschi; Kräkel, Matthias; Pull, Kerstin (2011). München und Mering: Rainer Hampp Verlag.

Abstract

In times of sweeping demographic changes, policy makers and business executives in mature economies perceive workforce aging as one potential threat to the capacity for innovation and technological progress. However, evidence for age-dependency in innovative performance is still scarce. Pressing questions in this context are for example: - Does workforce age affect the innovative capacity of firms and regions, and if so, how and through which transmission channels do these effects occur? - What are the sources of possible age-dependency in innovative performance, in particular with respect to innovation-relevant human capital? - What are the policy implications of the interplay between workforce age and the capacity to produce technological advances in times of future workforce aging?

Starting from a comprehensive survey and critical discussion of existing studies about the interplay between workforce age and innovation, this book suggests a new conceptual framework to study the age-dependency of innovation. Based on this, three empirical studies investigate how the age composition of a workforce affects inventive performance in European regions, to what extent certain staffing patterns experienced by German firms boost innovative performance and how a region’s entrepreneurial capacity relates to the age composition of its working-age population.

Abstract

In times of sweeping demographic changes, policy makers and business executives in mature economies perceive workforce aging as one potential threat to the capacity for innovation and technological progress. However, evidence for age-dependency in innovative performance is still scarce. Pressing questions in this context are for example: - Does workforce age affect the innovative capacity of firms and regions, and if so, how and through which transmission channels do these effects occur? - What are the sources of possible age-dependency in innovative performance, in particular with respect to innovation-relevant human capital? - What are the policy implications of the interplay between workforce age and the capacity to produce technological advances in times of future workforce aging?

Starting from a comprehensive survey and critical discussion of existing studies about the interplay between workforce age and innovation, this book suggests a new conceptual framework to study the age-dependency of innovation. Based on this, three empirical studies investigate how the age composition of a workforce affects inventive performance in European regions, to what extent certain staffing patterns experienced by German firms boost innovative performance and how a region’s entrepreneurial capacity relates to the age composition of its working-age population.

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Additional indexing

Item Type:Edited Scientific Work
Communities & Collections:03 Faculty of Economics > Department of Business Administration
Dewey Decimal Classification:330 Economics
Language:English
Date:2011
Deposited On:23 May 2011 12:44
Last Modified:23 Nov 2022 09:17
Publisher:Rainer Hampp Verlag
Series Name:Beiträge zur Personal- und Organisationsökonomik
Volume:24
Number of Pages:193
ISBN:978-3-86618-618-7
OA Status:Closed
Publisher DOI:https://doi.org/10.1688/9783866187184
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