| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10226831 | Research Policy | 2018 | 15 Pages |
Abstract
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 labor-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.
Related Topics
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Authors
Vincent Van Roy, Dániel Vértesy, Marco Vivarelli,