Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/26303
Authors: 
Bauernschuster, Stefan
Falck, Oliver
Heblich, Stephan
Year of Publication: 
2008
Series/Report no.: 
CESifo working paper 2258
Abstract: 
Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both incumbent workers' knowledge, based on experience, and knowledge about the latest technologies, along with the skills needed to implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in combination with continuous training. Based on German micro data, we find empirical evidence in support of training leading to innovation within a multivariate regression framework. However, when instrumenting training by the existence of a union's contract or a works council this impact disappears.
Subjects: 
innovation
training
unions
works councils
JEL: 
J24
L11
O31
Document Type: 
Working Paper

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