Vertical Educational Diversity and Innovation Performance
Thomas Bolli (),
Ursula Renold () and
Martin Woerter ()
Additional contact information
Thomas Bolli: KOF Swiss Economic Institute, ETH Zurich, Switzerland
Ursula Renold: KOF Swiss Economic Institute, ETH Zurich, Switzerland
No 15-395, KOF Working papers from KOF Swiss Economic Institute, ETH Zurich
This paper uses panel data of Swiss firms to analyze the impact of education-level diversity in the workforce on innovation performance, addressing endogeneity by exploiting within-firm variation as well as variation in labor supply across regions. We find that vertical educational diversity increases the extensive margin of R&D and product innovation, particularly new product innovation. However, the relationship with process innovation, R&D intensity, and product innovation intensity is insignificant or even negative. These results are in line with the idea that vertical educational diversity enhances the creative moment of the invention phase, while it might affect the commercialization phase negatively due to the dominance of coordination and communication costs relative to the gains in creativity.
New Economics Papers: this item is included in nep-cse, nep-ino, nep-knm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Our link check indicates that this URL is bad, the error code is: 429 Too Many Requests (http://dx.doi.org/10.3929/ethz-a-010692089 [301 Moved Permanently]--> https://dx.doi.org/10.3929/ethz-a-010692089 [302 Found]--> http://hdl.handle.net/20.500.11850/112174 [302 Found]--> https://www.research-collection.ethz.ch/handle/20.500.11850/112174)
Journal Article: Vertical educational diversity and innovation performance (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:kof:wpskof:15-395
Access Statistics for this paper
More papers in KOF Working papers from KOF Swiss Economic Institute, ETH Zurich Contact information at EDIRC.
Bibliographic data for series maintained by ().