Inter-Firm Labor Mobility

Inter-firm labor mobility refers to the movement of employees between different companies within the same industry or sector. This can include workers changing jobs, taking new positions, or moving to competitors. Such mobility is beneficial as it allows individuals to gain diverse experiences, enhance their skills, and often find better job opportunities. For companies, it can lead to the exchange of knowledge and innovation, but it may also create challenges, such as losing talented employees to rivals. Overall, inter-firm mobility plays a crucial role in shaping the workforce and influencing industry dynamics.