Resource title

The impact of continuous training on a firm's innovations

Resource image

image for OpenScout resource :: The impact of continuous training on a firm's innovations

Resource description

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.

Resource author

Stefan Bauernschuster, Oliver Falck, Stephan Heblich

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/26303

Resource license

Adapt according to the presented license agreement and reference the original author.