Maria Laura Parisi on Experience, innovation and productivity. Empirical evidence from Italy's slowdown

Speaker:  Maria Laura Parisi - Università di Brescia
  Monday, May 23, 2011 at 12:30 PM Biblioteca DSE, Palazzina 32 ex caserma Passalacqua

We investigate whether experience is good or bad for innovation and productivity in a sample of Italian manufacturing firms in the early 2000s. The findings differ depending on whether one looks at managerial or workers' experience. The effect of managerial experience - proxied by age - on firm performance appears to depend on the type of firm: in innovative firms the old age of managers and board members is bad for innovation and productivity, while costs and benefits of managerial old age appear to cancel out for non-innovative firms. As to workers, a high share of temporary – thus inexperienced - workers is instead unambiguouslyy associated to low innovation and productivity.

Title Format  (Language, Size, Publication date)
Paper  pdfpdf (it, 306 KB, 22/05/11)

Programme Director
Angelo Zago

Publication date
May 12, 2011