Job Hopping in Silicon Valley: Some Evidence Concerning the Micro-Foundations of a High Technology Cluster
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In Silicon Valley's computer cluster, skilled employees are reported to move rapidly between competing firms. 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
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美国国家经济研究局创建时间：
2005-10-01
