Title: Innovation and Employment in Patenting Firms: Empirical Evidence from Europe
Authors: VAN ROY VINCENTVERTESY DANIELVIVARELLI Marco
Publisher: Publications Office of the European Union
Publication Year: 2015
JRC N°: JRC96874
ISBN: 978-92-79-50311-5
ISSN: 1831-9424
Other Identifiers: EUR 27377
OP KJ-NA-27377-EN-N
URI: http://publications.jrc.ec.europa.eu/repository/handle/JRC96874
DOI: 10.2760/428417
Type: EUR - Scientific and Technical Research Reports
Abstract: This report explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering nearly 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, this positive impact of innovation is statistically significant only for firms in the high-tech manufacturing sectors, while not significant in low-tech manufacturing and services.
JRC Directorate:Joint Research Centre Corporate Activities



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