A growing literature investigates how firms' innovation input reacts to changes in the business cycle. However, so far … there is no evidence whether there is cyclicality in the effects of innovation on firm performance as well. In this paper …. (2014), our empirical analysis reveals four important findings: First, the net effect of product innovation on employment …

The paper explores the long run evolution of Italy's performance in technological innovation as a function of … study is based on a newly constructed dataset, over the 1861-2009 period, composed of variables related to: innovation … by econometric assessment, the significant contribution of foreign technology both to innovation activity results and to …

The paper explores the long run evolution of Italy's performance in technological innovation as a function of … study is based on a newly constructed dataset, over the 1861-2009 period, composed of variables related to: innovation … by econometric assessment, the significant contribution of foreign technology both to innovation activity results and to …

dynamics. We investigate this reallocation in terms of employment gains and losses from innovation. New employment created by … product innovation may be offset by employment losses in related products, known as ‘cannibalisation’ or ‘business stealing …’ effects in the literature, by employment losses from process and organisational innovation and by general productivity …