Aging and urban innovation: a human capital perspective
BackgroundWith population aging, this demographic dividend diminishes, which may have implications for innovation in a region. Understanding the relationship between population aging and innovation is crucial for addressing economic challenges associated with an aging population.MethodsThis study ut...
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Frontiers Media S.A.
2025-01-01
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Online Access: | https://www.frontiersin.org/articles/10.3389/fpubh.2024.1520834/full |
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author | Jinghang Cui Jinghang Cui Rong Zhou K. Jason Crandall K. Jason Crandall Mingxuan Cui Ruirui Bai Ruirui Bai Yi Jia |
author_facet | Jinghang Cui Jinghang Cui Rong Zhou K. Jason Crandall K. Jason Crandall Mingxuan Cui Ruirui Bai Ruirui Bai Yi Jia |
author_sort | Jinghang Cui |
collection | DOAJ |
description | BackgroundWith population aging, this demographic dividend diminishes, which may have implications for innovation in a region. Understanding the relationship between population aging and innovation is crucial for addressing economic challenges associated with an aging population.MethodsThis study utilized panel data on population aging and innovation from 252 cities between 2005 and 2014. Various estimation methods, including the fixed effects model, the generalized method of moments (GMM), and the mediation model, were used to analyze the data. These methods allowed for a comprehensive examination of the impact of population aging on innovation and the role of human capital in mediating this relationship.ResultsThe findings of the study indicate that both the 60-year-old and 65-year-old population significantly hinder innovation. The GMM suggests that innovation is “path dependent,” meaning that past levels of innovation do not alleviate the negative effects of population aging on future innovation. Additionally, the mediation model analysis demonstrates that human capital plays a crucial role in mediating the relationship between population aging and innovation, highlighting the importance of investing in human capital development.ConclusionThe findings of this research highlight the obstacles that population aging presents to fostering innovation. Overcoming these obstacles necessitates strategic investments in human capital and policies that support innovation. It is imperative for policymakers to implement recommendations that address population aging and encourage innovation in order to navigate the challenges posed by an aging population and promote a vibrant and dynamic economy. |
format | Article |
id | doaj-art-b90465b27257437385b3ebc6a93d8712 |
institution | Kabale University |
issn | 2296-2565 |
language | English |
publishDate | 2025-01-01 |
publisher | Frontiers Media S.A. |
record_format | Article |
series | Frontiers in Public Health |
spelling | doaj-art-b90465b27257437385b3ebc6a93d87122025-01-21T15:20:59ZengFrontiers Media S.A.Frontiers in Public Health2296-25652025-01-011210.3389/fpubh.2024.15208341520834Aging and urban innovation: a human capital perspectiveJinghang Cui0Jinghang Cui1Rong Zhou2K. Jason Crandall3K. Jason Crandall4Mingxuan Cui5Ruirui Bai6Ruirui Bai7Yi Jia8School of Sport and Physical Education, North University of China, Taiyuan, ChinaCenter for Applied Science in Health and Aging, Western Kentucky University, Bowling Green, KY, United StatesCollege of Philosophy, Law & Political Science, Shanghai Normal University, Shanghai, ChinaSchool of Sport and Physical Education, North University of China, Taiyuan, ChinaCenter for Applied Science in Health and Aging, Western Kentucky University, Bowling Green, KY, United StatesDepartment of Cognitive Studies, Vanderbilt University, Nashville, TN, United StatesSchool of Sport and Physical Education, North University of China, Taiyuan, ChinaCenter for Applied Science in Health and Aging, Western Kentucky University, Bowling Green, KY, United StatesSchool of Sport and Physical Education, North University of China, Taiyuan, ChinaBackgroundWith population aging, this demographic dividend diminishes, which may have implications for innovation in a region. Understanding the relationship between population aging and innovation is crucial for addressing economic challenges associated with an aging population.MethodsThis study utilized panel data on population aging and innovation from 252 cities between 2005 and 2014. Various estimation methods, including the fixed effects model, the generalized method of moments (GMM), and the mediation model, were used to analyze the data. These methods allowed for a comprehensive examination of the impact of population aging on innovation and the role of human capital in mediating this relationship.ResultsThe findings of the study indicate that both the 60-year-old and 65-year-old population significantly hinder innovation. The GMM suggests that innovation is “path dependent,” meaning that past levels of innovation do not alleviate the negative effects of population aging on future innovation. Additionally, the mediation model analysis demonstrates that human capital plays a crucial role in mediating the relationship between population aging and innovation, highlighting the importance of investing in human capital development.ConclusionThe findings of this research highlight the obstacles that population aging presents to fostering innovation. Overcoming these obstacles necessitates strategic investments in human capital and policies that support innovation. It is imperative for policymakers to implement recommendations that address population aging and encourage innovation in order to navigate the challenges posed by an aging population and promote a vibrant and dynamic economy.https://www.frontiersin.org/articles/10.3389/fpubh.2024.1520834/fullpopulation agingurban innovationthe generalized method of moments (GMM)human capitalpopulation aging and urban innovation |
spellingShingle | Jinghang Cui Jinghang Cui Rong Zhou K. Jason Crandall K. Jason Crandall Mingxuan Cui Ruirui Bai Ruirui Bai Yi Jia Aging and urban innovation: a human capital perspective Frontiers in Public Health population aging urban innovation the generalized method of moments (GMM) human capital population aging and urban innovation |
title | Aging and urban innovation: a human capital perspective |
title_full | Aging and urban innovation: a human capital perspective |
title_fullStr | Aging and urban innovation: a human capital perspective |
title_full_unstemmed | Aging and urban innovation: a human capital perspective |
title_short | Aging and urban innovation: a human capital perspective |
title_sort | aging and urban innovation a human capital perspective |
topic | population aging urban innovation the generalized method of moments (GMM) human capital population aging and urban innovation |
url | https://www.frontiersin.org/articles/10.3389/fpubh.2024.1520834/full |
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