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labor-friendly impact of R&D expenditures (mainly related to product innovation) is found; yet, this positive employment …) capital formation is found to be negatively related to employment; this outcome suggests a possible labor-saving effect due to …The aim of this paper is twofold. On the one hand, the economic insights on the employment impact of technological …
Persistent link: https://www.econbiz.de/10011814025
This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering almost 20,000 patenting firms from Europe over the period 2003-2012. The main outcome from the proposed GMM-SYS estimations is the labour-friendly nature of innovation, which...
Persistent link: https://www.econbiz.de/10011288522