EMPLOYEE MOBILITY AND INNOVATION: THE ROLE OF TURNOVER RATE AND NETWORK CENTRALITY

Holly H. Chiu (), Yu-Qian Zhu and Wilson Fonda
Additional contact information
Holly H. Chiu: Brooklyn College, Department of Business Management, United States
Yu-Qian Zhu: Department of Information Management, National Taiwan University of Science and Technology, No. 43, Section 4, Keelung Rd, Da’an District, Taipei City, 106, Taiwan
Wilson Fonda: Department of Information Management, National Taiwan University of Science and Technology, No. 43, Section 4, Keelung Rd, Da’an District, Taipei City, 106, Taiwan

International Journal of Innovation Management (ijim), 2021, vol. 25, issue 09, 1-23

Abstract: Innovation is crucial to a company’s competitive advantage and employees play an important role in generating innovation within a company. Based on social capital theory, we proposed a new type of social network: the employee mobility network, and explored the impact of employee mobility on innovation. Specifically, we examined the role of both employee turnover rate, and an organisation’s centrality in the employee mobility network in predicting innovation. We collected data from World Intellectual Property Organisation (WIPO), Talentale, and Forbes Global 2000 to test our hypotheses. The results showed that turnover rate had a significantly inverted-U curve relationship with innovation, and both degree and closeness centralities of an organisation in the employee mobility network had a significant positive relationship with innovation. Based on the results, we suggest that companies should find a balanced value for their turnover rate to get the highest return in innovation. Also, we suggest that companies should improve social influence in employee mobility networks in order to attract talent and increase company innovation.

Keywords: Innovation; turnover rate; network centrality; social capital theory (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S1363919621501024
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:ijimxx:v:25:y:2021:i:09:n:s1363919621501024

Ordering information: This journal article can be ordered from

DOI: 10.1142/S1363919621501024

Access Statistics for this article

International Journal of Innovation Management (ijim) is currently edited by Joe Tidd

More articles in International Journal of Innovation Management (ijim) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().