by Stanford Business School (Matt Villano)
New data shows the sweet spot for entrepreneurial success, and why young people need to rise up the ranks more quickly. There’s no question the domestic workforce is aging. According to recent data from the Bureau of Labor Statistics, the median age of the U.S. labor force was 42 years in 2016, up from 38 in 1996, and it’s projected to keep climbing.
But new research suggests that this trend could hamper business innovation on a long-term basis.