Aging Affects Innovation?——An Analysis Based on Literature

Abstract

Abstract:

This paper surveys the literature on the relationship between aging and innovation. Substantial evidence supports the hypothesis that aging affects innovation through cognitive ability and human capital. In general, there is an inverted U shape relationship between age structure and innovation, which is measured by patents, technology progress and TFP. The magnitude of the effect of age structure on innovation varies across countries, due to countries' heterogeneity.

Key words: aging, innovation, cognitive ability, accumulation of human capital, TFP

Yao Dongmin, Li Sanxi, Lin Sisi. Aging Affects Innovation?——An Analysis Based on Literature[J]. , 2015, 27(8): 56-67.

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