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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...
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-cost markets is negatively correlated with markups; (v) Higher quality production and innovation, especially if it results in IP …
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-cost markets is negatively correlated with markups; (v) Higher quality production and innovation, especially if it results in IP …
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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 we measure in terms of forward-citation weighted patents. However …
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