Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/38962 
Year of Publication: 
2010
Series/Report no.: 
CESifo Working Paper No. 3123
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
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.
Subjects: 
firm productivity
innovation
managerial experience
temporary jobs
JEL: 
M54
O31
D24
Document Type: 
Working Paper
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