Staffing pattern (% yes) | Full sample | Innovation sample | Difference? | ||
---|---|---|---|---|---|
% yes | N | % yes | N | ||
Rejuvenation—inflow of younger | 49.8 | 9330 | 56.4 | 440 | p=0.007*** |
Rejuvenation—outflow of older | 50.0 | 8445 | 54.6 | 434 | p=0.060** |
Loss of firm-specific experience | 67.7 | 9203 | 68.8 | 455 | p=0.625 |
High churning level | 50.5 | 11,412 | 62.3 | 493 | p=0.702 |
Increasing age-heterogeneity | 54.6 | 14,135 | 53.8 | 530 | p=0.000*** |