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Finance and Economics Discussion Series - Jop-Hopping in Silicon Valley: Some Evidence Concerning the Micro-Foundation of a High Technology Cluster (Paperback) Loot Price: R219
Discovery Miles 2 190
You Save: R55 (20%)
Finance and Economics Discussion Series - Jop-Hopping in Silicon Valley: Some Evidence Concerning the Micro-Foundation of a...
Finance and Economics Discussion Series - Jop-Hopping in Silicon Valley: Some Evidence Concerning the Micro-Foundation of a...

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Finance and Economics Discussion Series - Jop-Hopping in Silicon Valley: Some Evidence Concerning the Micro-Foundation of a High Technology Cluster (Paperback)

Bruce Fallick; Created by United States Federal Reserve Board, et al

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List price R274 Loot Price R219 Discovery Miles 2 190 You Save R55 (20%)

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In Silicon Valley's computer cluster, skilled employees are reported to move rapidly between competing firms. If true, this job-hopping facilitates the reallocation of resources towards firms with superior innovations, but it also creates human capital externalities that reduce incentives to invest in new knowledge. Outside of California, employers can use non-compete agreements to reduce mobility costs, but these agreements are unenforceable under California law. Until now, the claim of "hyper-mobility" of workers in Silicon has not been rigorously investigated. Using new data on labor mobility we find higher rates of job-hopping for college-educated men in Silicon Valley's computer industry than in computer clusters located out of the state. Mobility rates in other California computer clusters are similar to Silicon Valley's, suggesting some role for state laws restricting non-compete agreements. Outside of the computer industry, California's mobility rates are no higher than elsewhere.

General

Imprint: Bibliogov
Country of origin: United States
Release date: February 2013
First published: February 2013
Authors: Bruce Fallick
Creators: United States Federal Reserve Board • et al
Dimensions: 246 x 189 x 2mm (L x W x T)
Format: Paperback - Trade
Pages: 34
ISBN-13: 978-1-288-71174-1
Barcode: 9781288711741
Categories: Promotions
Books > Social sciences > Politics & government
Books > Social sciences > Politics & government > General
LSN: 1-288-71174-3

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