Place: CIRCLE seminar room (M213), Sölvegatan 16, Lund
Time: Friday, 21st September, 10.15-11.15
Discussant: Torben Schubert, CIRCLE
Abstract: In this paper we empirically investigate different types of cross-organizational mobility patterns and factors that influence the rate of mobility of inventors. In contrast to the implicitly assumed pattern in the literature, we find that mobility of inventors occurs as frequently within organizations as between them. We subsequently argue that their mobility is affected by different types of matching on the labor market that influence the rate and ease of mobility across different types of organizations. The two main factors explored in this paper are information asymmetries and their subsequent solution through signaling factors and the notion of internal labor markets. We find that inter-organizational change on the top-level (business groups) is more associated with signaling factors such as age and education to a larger extent than when mobility occurs within organizations. We furthermore find strong support for that large firms and multinationals provide internal labor markets that limit the outreach of inventors to other organizations. This may limit the scope to what types of knowledge spillovers may occur in the Swedish economy.