Reference : Population Aging and Innovation Do Old Societies Think New Ideas?
Scientific congresses, symposiums and conference proceedings : Unpublished conference
Business & economic sciences : Macroeconomics & monetary economics
http://hdl.handle.net/10993/17832
Population Aging and Innovation Do Old Societies Think New Ideas?
English
Litina, Anastasia mailto [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA) >]
Irmen, Andreas mailto [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA) >]
26-Jul-2014
Yes
International
CESifo Venice Summer Institue
25-27 July 2014
CESifo
Venice
Italy
[en] Population Aging ; Innovation ; Culture
[en] This research advances the hypothesis that at the individual level "old people think old ideas" whereas at the aggregate level "old societies think new ideas." More precisely, we empirically establish the following three hypotheses: i) population aging has a hump-shaped effect on innovation, ii) old societies think new ideas, and iii) the effect of population aging on innovation operates partly through a favorable attitude towards new ideas and creativity. Our results falsify the often encountered vision according to which old societies think old ideas. Moreover they emphasize that innovation activity in aging societies is in part driven by cultural attitudes.
Researchers ; Students
http://hdl.handle.net/10993/17832

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