Experience, Innovation and Productivity - Empirical Evidence from Italy's Slowdown

Francesco Daveri and Maria Laura Parisi

No 3123, CESifo Working Paper Series from CESifo

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.

Keywords: firm productivity; innovation; managerial experience; temporary jobs (search for similar items in EconPapers)
JEL-codes: D24 M54 O31 (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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Working Paper: Experience, innovation and productivity. Empirical evidence from Italy's slowdown (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_3123

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