| Autor: |
Bhaskarabhatla, Ajay, Hegde, Deepak, Peeters, Thomas |
| Zdroj: |
Academy of Management Annual Meeting Proceedings; 2016, Vol. 2016 Issue 1, p1-1, 1p |
| Abstrakt: |
We examine the extent to which organizations and individuals within them contribute to innovation. Using data on granted US patents issued to firms connected by inventor mobility and an identification method that exploits inventor movement across firms, we estimate the inventor- and firm-specific effects on innovation. Our results suggest that, controlling for several observables, the individual fixed effects collectively explain between one-quarter and one-third of the variation in innovation output, while firm fixed effects collectively explain only four to 15 percent. Individuals with higher inventive ability enjoy longer tenures with their employer and longer inventor careers. Furthermore, low ability firms tend to attract high ability inventors, indicating that recruiting is the key to promoting innovation at the average firm. Therefore we conclude that recruitment and mobility restrictions, such as noncompete and nopoaching agreements, are an impediment to innovation for the relatively less-able firms. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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