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, 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.
VAN ROY Vincent;
VERTESY Daniel;
VIVARELLI Marco;
2018-11-12
ELSEVIER SCIENCE BV
JRC98439
0048-7333 (online),
https://www.sciencedirect.com/science/article/pii/S0048733318301537,
https://publications.jrc.ec.europa.eu/repository/handle/JRC98439,
10.1016/j.respol.2018.06.008 (online),
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