We apply a panel vector autoregression model to a firm-level longitudinal databaseto observe the co-evolution of sales growth, employment growth, profits growth andgrowth of R&D expenditure. Contrary to expectations, profit growth seems to havelittle detectable effect on R&D investment. Instead,...

The issue of technological unemployment receives perennial popular attention. Althoughthere are previous empirical investigations that have focused on the relationship between innovationand employment, the originality of our approach lies in our choice of method. We focus onfour 2-digit...