New hires, adjustment costs, and knowledge transfer—evidence from the mobility of entrepreneurs and skills on firm productivity

IF 2.8 4区管理学 Q2 BUSINESS Industrial and Corporate Change Pub Date : 2023-07-01 DOI:10.1093/icc/dtad032

Emma Lappi

引用次数: 0

Abstract

Abstract This paper evaluates the productivity impacts and the subsequent adjustment costs associated with hiring different knowledge workers. I focus on the difference between hiring former entrepreneurs, employees who change jobs, and unemployed individuals. I am the first to evaluate the direct impact that hiring former entrepreneurs has on firm productivity and the heterogenous adjustment costs associated with the different types of new hires. I find no difference between the first-year adjustment costs of entrepreneurs and those of regular-wage employees. Hiring former entrepreneurs is a way to increase productivity after the first year of employment only if the former entrepreneurs are from the highest end of the ability distribution.

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新雇员、调整成本和知识转移——来自企业家流动性和技能对企业生产率影响的证据

摘要本文评估了雇佣不同知识型员工对企业生产率的影响及其后续调整成本。我关注的是雇佣前企业家、换工作的员工和失业人员之间的区别。我是第一个评估雇佣前企业家对企业生产率的直接影响，以及与不同类型的新员工相关的异质性调整成本的人。我发现企业家第一年的调整成本与拿固定工资的雇员没有差别。只有当前企业家来自能力分布的最高端时，雇佣前企业家是一种提高第一年工作效率的方法。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Industrial and Corporate Change Multiple-

CiteScore

5.10

自引率

4.00%

发文量

期刊介绍： The journal covers the following: the internal structures of firms; the history of technologies; the evolution of industries; the nature of competition; the decision rules and strategies; the relationship between firms" characteristics and the institutional environment; the sociology of management and of the workforce; the performance of industries over time; the labour process and the organization of production; the relationship between, and boundaries of, organizations and markets; the nature of the learning process underlying technological and organizational change.