Criscenzi and Gagliardi (2012) study on business innovation helped to fuse new ideas about how new ideas can help with striking a competitive advantage within the economic sectors. These researchers asked: Does the mobility of knowledgeable, highly skilled workers have an impact on local economies? To find out they used the Secure Data Service which is now part of the UK Data Service to find out more information on this subject. The hypothesis is stated "that knowledgeable individuals (such as inventors) with the flexibility to change geographical location, would positively impact the innovative behaviour of firms in the areas they moved to." To track this info they used the UK Innovation Survey...
They took data from the years 2004 and 2007 and used a firm's performance and compared that variable to the inflow of inventors in to local labor markets. They discovered that only those firms who complemented their internal knowledge with external sources were able to benefit from the arrival of highly-skilled individuals into the local labour market, improving their innovative performance.Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
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