Full Citation

Title: Workforce education and corporate innovation:

Citation Type: Journal Article

Publication Year: 2022

ISBN:

ISSN: 13272020

DOI: 10.1177/03128962221077453

NSFID:

PMCID:

PMID:

Abstract: The average workforce education near firms’ research centers facilitates firms’ matching with innovation talents and acquisition of knowledge. This study documents a positive association between the average education level in the metropolitan statistical areas (MSAs) where firms’ research centers are located and the quantity and quality of innovation outputs. The results are confirmed by controlling for various measures of MSA-level economic, population, and employment conditions, as well as research-center level analyses which control for firm-year fixed effects. We further find that local workforce education is more important for firms that are large, less labor-intensive, in non-high-tech industries and located in low education regions. The evidence highlights the importance of having access to well-educated local workforce for corporate innovation.

Url: https://journals-sagepub-com.ezp2.lib.umn.edu/doi/10.1177/03128962221077453

User Submitted?: No

Authors: Li, Lingwei; Liu, Linlu; Wu, Hai

Periodical (Full): Australian Journal of Management

Issue: 4

Volume: 47

Pages: 599-629

Data Collections: IPUMS USA

Topics: Education, Labor Force and Occupational Structure

Countries: