| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5078197 | International Journal of Industrial Organization | 2011 | 11 Pages |
Abstract
This paper estimates the effect of innovation on employment at the firm level. Our uniquely long innovation panel data set of German manufacturing firms covers more than 20Â years and allows us to use various innovation measures. We can distinguish between product and process innovations as well as between innovation input and innovation output measures. Using dynamic panel GMM system estimation we find positive effects of innovation on employment. This is true for innovation input as well as for innovation output variables. Innovations show their positive effect on employment with a time lag and process innovations have higher effects than product innovations.
Related Topics
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Economics and Econometrics
Authors
Stefan Lachenmaier, Horst Rottmann,