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Using a unique firm-level database comprising the top European R&D investors over the period 2002-2013 and running LSDVC estimates, this study finds a significant labourfriendly impact of R&D expenditures. However, this positive employment effect appears limited in magnitude and entirely due to...
Persistent link: https://www.econbiz.de/10012110063
innovation on firm survival and firm productivity, which constitute the two main channels through which innovation drives growth … perspectives that inform the empirical models allow for heterogeneity in the effects of R&D/innovation on firm survival and …-linearity and volatility in the gains from R&D/innovation, particularly in terms of its effects on firm survival and productivity …
Persistent link: https://www.econbiz.de/10012268385
While the extant innovation literature has provided extensive evidence of the so-called "demand-pull" effect, the … possible diverse impact of demand evolution on product vs process innovation activities has not been yet investigated. This … innovation. This prediction is then tested through a dynamic microeconometric model, controlling for R&D persistence, sample …
Persistent link: https://www.econbiz.de/10012114696
statistically significant evidence of the expected labor-friendly nature of innovation. More in detail, neither R&D nor investment …
Persistent link: https://www.econbiz.de/10012131229