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Aging and urban innovation: a human capital perspective
Jinghang Cui1,2, Rong Zhou3, K Jason Crandall1,2
1School of Sport and Physical Education, North University of China, Taiyuan, China.
Frontiers in Public Health
|February 5, 2025
Summary
Population aging significantly hinders innovation, with human capital playing a key mediating role. Investing in human capital is crucial for overcoming these challenges and fostering regional economic dynamism.
Area of Science:
- Demographics
- Innovation Studies
- Economics
Background:
- Population aging presents challenges to regional innovation capacity.
- Understanding the link between aging demographics and innovation is vital for economic policy.
Purpose of the Study:
- To investigate the impact of population aging on urban innovation.
- To examine the mediating role of human capital in this relationship.
Main Methods:
- Panel data analysis of 252 cities (2005-2014).
- Employed fixed effects, generalized method of moments (GMM), and mediation models.
Main Results:
- Significant negative impact of older populations (60+ and 65+) on innovation.
- Innovation exhibits path dependency; past innovation does not mitigate aging's negative effects.
- Human capital is a critical mediator between population aging and innovation.
Conclusions:
- Population aging poses substantial obstacles to innovation.
- Strategic investment in human capital and supportive policies are essential.
- Policy interventions are needed to address aging populations and promote innovation.
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