Arbeitspapier
Training and hiring strategies to improve firm performance
We study how upgrading the skills of the personnel affects a firm’s performance. Two different strategies are examined: 1) providing formal training and 2) strategic recruitment and separation policy. The use of register-based longitudinal employeremployee data supplemented with a survey on vocational training provides an opportunity to shed fresh light on the issue and allows us to address the usual econometric problems. We find that internally (but not externally) organized training stimulates subsequent growth of performance but only when combined with the implementation of new process or product technology. Hiring highly skilled workers is initially costly to firms but is productivityenhancing in the long run.
- Sprache
-
Englisch
- Erschienen in
-
Series: ETLA Discussion Papers ; No. 1105
- Klassifikation
-
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
- Thema
-
Productivity, profitability, training, education, hiring
Produktivität
Humankapital
Bildungsniveau
Berufsbegleitende Ausbildung
Personalbeschaffung
Personalauswahl
Schätzung
Finnland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Maliranta, Mika
Asplund, Rita
- Ereignis
-
Veröffentlichung
- (wer)
-
The Research Institute of the Finnish Economy (ETLA)
- (wo)
-
Helsinki
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Maliranta, Mika
- Asplund, Rita
- The Research Institute of the Finnish Economy (ETLA)
Entstanden
- 2007
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