How Aging Workforces Are Reshaping Corporate Innovation

In this episode of The Demographics Podcast, Lucas and Luna explore how an aging workforce is changing the way companies approach innovation. They focus on a specific case: how Siemens adapted its R&D strategy as its German workforce aged, shifting from radical breakthroughs to incremental process improvements and knowledge-retention programs. The conversation digs into the numbers: companies with a median employee age over 45 see a 15% drop in patent output per capita, but a 20% rise in process-innovation efficiency. Lucas and Luna discuss the trade-offs, the role of mentorship tandems, and what this means for productivity and economic growth. They also touch on Japan's leading-edge experience with older engineers and how it shaped their corporate culture. #AgingWorkforce #CorporateInnovation #Siemens #R&D #PatentOutput #ProcessInnovation #KnowledgeRetention #Mentorship #Germany #Japan #Demographics #Economics #Productivity #LaborForce #InnovationStrategy #OlderWorkers #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo