The Adoption of New Technologies and the Age Structure of the Workforce


Meyer, Jenny


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URL: http://ub-madoc.bib.uni-mannheim.de/2044
URN: urn:nbn:de:bsz:180-madoc-20440
Document Type: Working paper
Year of publication: 2008
The title of a journal, publication series: None
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: O31 J14 ,
Subject headings (SWD): Arbeitnehmer , Lebensalter , Neue Technologie , Unternehmensbezogene Dienstleistung , Teamwork
Keywords (English): age structure of the workforce , adoption of new technologies , ICT intensive services
Abstract: This paper provides firm-level evidence for the relationship between the age structure of the workforce and the adoption of new or significantly improved technologies in service sector firms. Furthermore, it closes a research gap by analyzing the joint impact of the age of the workforce and the enhancement of teamwork on the probability of adopting new technologies. The empirical analyses, that are based on a data set of 356 German firms from the knowledge-intensive services and ICT services sector, reveal three findings: Firstly, firms with a higher share of younger employees are more likely to adopt new technologies and the older the workforce is, the less likely is the adoption of new technologies. Secondly, the distribution of theage of the workforce has no significant impact on the probability of adopting new technologies. And thirdly, firms which enhanced their teamwork and have a higher share of younger workers are less likely to adopt new technologies whereas firms that enhanced their teamwork and hav e a higher share of older employees are more likely to adopt new technologies.
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