Reference : Population Aging and Innovation: Do Old Societies Think New Ideas?
Scientific Presentations in Universities or Research Centers : Scientific presentation in universities or research centers
Business & economic sciences : Social economics
http://hdl.handle.net/10993/24756
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) >]
Jun-2015
Summer School on “Advanced Poverty Research: Poverty and Material Deprivation Dynamics”, LISER
JUNE 2015
[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 foster 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 have old ideas. Moreover, they emphasize that innovation activity in aging societies is in part driven by cultural attitudes.
http://hdl.handle.net/10993/24756

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