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The present paper estimates and decomposes the employment effect of innovation by R&D intensity levels. Our micro …&D investment and firm employment, and to address important econometric issues, which is not possible in the standard estimation … by raising their R&D expenditures. Most of the jobs in the economy are created by innovation followers: increasing …
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(deutschen) Volkswirtschaft analysiert. Ziel ist es, die Relevanz von Venture Capital für Innovation und Beschäftigung zu klären …
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The present paper estimates and decomposes the employment effect of innovation by R&D intensity levels. Our micro … estimation approach used in the previous literature. Our results suggest that modest innovators do not create and may even … destruct jobs by raising their R&D expenditures. Most of the jobs in the economy are created by innovation followers …
Persistent link: https://www.econbiz.de/10011619463
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 …
Persistent link: https://www.econbiz.de/10014124166
innovation and employment growth in Germany. The model is tailor-made for analysing firm-level employment effects of innovations … using specific information provided by CIS data. It establishes a theoretical link between employment growth and innovation … Germany are similar to those found for Spain and the UK …
Persistent link: https://www.econbiz.de/10014069151