Markets for Inventors: Learning-by-Hiring as a Driver of Mobility
نویسندگان
چکیده
منابع مشابه
The Effect of Collaboration Network on Inventors’ Job Match, Productivity and Tenure
It has been argued in the economic literature that job search through informal job networks improves the employer–employee match quality, especially in high wage sectors. This paper argues that inventors’ research collaboration networks reduce the uncertainty of firms about the match qualities of inventors prior to hiring. We estimate the effect of inventors’ collaboration networks on their pro...
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Received: 6 September 2005 Revised: 30 May 2007 Accepted: 13 June 2007 Online publication date: 7 February 2008 Abstract Although knowledge flows create value, the market often does not price them accordingly. We examine ‘‘unintended’’ knowledge flows that result from the cross-border movement of inventors (i.e., flows that result from the move, but do not go to the hiring firm). We find that t...
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W firms recruit inventors, they acquire not only the use of their skills but also enhanced access to their stock of ideas. But do hiring firms actually increase their use of new recruits’ prior inventions? Our estimates suggest they do, quite significantly in fact, by approximately 219% on average. However, this does not necessarily reflect widespread “learning by hiring.” In fact, we estimate ...
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عنوان ژورنال:
- Management Science
دوره 56 شماره
صفحات -
تاریخ انتشار 2010