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Title:Demographic change and industry-specific innovation patterns in Germany PDF Logo
Authors:Henseke, Golo
Tivig, Thusnelda
Issue Date:2007
Series/Report no.:Thünen-series of applied economic theory 72
Abstract:In Germany, a thread to growth is perceived from demographic change. Demographic change means that a population is aging with the perspective of shrinking. The key question is whether an aging and shrinking population has enough talents to sustain the innovation process that is at the basis of our prosperity. In this paper we deal with the age distributions of inventivity. Specifically, we confirm past conjectures that inventive productivity is age dependent and unequally distributed among inventors. Additionally, we advance the new hypothesis that any age-bias in innovation activity should show up as industry-specific. The reason is that creative productivity is depending on the rate of technological change that on its part is industry specific. We test this hypothesis with European patent data for Germany.
Subjects:innovation
patents
age-dependent productivity
demographics
sectors
JEL:O31
J24
B3
Document Type:Working Paper
Appears in Collections:Thünen Series of Applied Economic Theory, Universität Rostock

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