Diversity of experience and labor productivity in creative industries

Abstract

This paper studies how the previous experience among workers relates to the labor productivity of the creative industries in Sweden. Effective knowledge transfers are dependent on the cognitive distance among employees. Using longitudinal matched employer-employee data, I measure the portfolio of the skills within a workplace through (i) the workers' previous occupation, and (ii) the industry they have been working in previously. Estimates show that diversity of occupational experience is positive for labor productivity, but the diversity of industry experience is not. When distinguishing between related and unrelated diversity, the relatedness of occupational experience is positive for labor productivity, while unrelated occupational experience instead shows negative relationship with productivity. These results point towards the importance of occupational skills that workers bring with them to a new employment, for labor productivity.

Critical thinking and creativity of MSMEs in improving business performance during the covid-19 pandemic

“…Capacity to achieve one's goals is a measure of a profitable enterprise (Amankwah-Amoah et al, 2021;Kekezi, 2021;Tao et al, 2019). The competitiveness may be attributed to a variety of organizational abilities, particularly experience, creativity, and the appropriate use of technology (Mujanah et al, 2017;Tao et al, 2019).…”

Creative Industry and Economic Recovery Strategies from Pandemic Disruption

“…The fact that these industries have contributed to the diffusion and persistence of advances in socially advanced technologies for producer-consumer and consumer-consumer reciprocity may be overlooked because cultural identity is not the main thing (Kekezi, 2021;Tønnessen et al ., 2021). With the inclusion of creative industries into the theory of enterprise development, it is possible to close significant ones in the study of social technologies in the diffusion, adaptation, or retention (Lorenza & Carter, 2021;Tao et al, 2019).…”

“…Naturally, concentrating on physical technology has proven to be quite an effective research method, leading to a large number of valuable theories as well as evaluations of how socioeconomic structures are changing as a result of the expansion of knowledge processes in recent decades (Dharmani et al, 2021;Kekezi, 2021;Tønnessen et al, 2021). However, the supply-side model intended to be based on science does not appear to be able to account for the many types of understanding and synchronization processes that are not effectively reflected in this framework.…”

“…My fundamental thesis is that the creative industries are more than just another case study of economic development through innovation. They are also an integral component of the evolutionary mechanism itself, as they provide essential evolutionary services critical to the evolutionary process (Florida & Adler, 2016;Kekezi, 2021;Tao et al, 2019). Their significance goes beyond the fact that they are another interesting subject for evolutionary economic research; they can instead become an essential component of the economic development mechanism itself (Boccella & Salerno, 2016;Dharmani et al, 2021).…”

“…As a result, creative industries will be involved in all stages of economic evolution during the process. However, when the economy is in the midst of a profound and rapid transformation, as seen over the last few decades in terms of the 'new economy, and beyond, it becomes of paramount importance (Kekezi, 2021;Tao et al, 2019). The creative industries have experienced explosive growth recently.…”