Damijan, Jože P. (contributor); Kostevc, Črt (contributor) - 2009
one hand, there is a labor displacement effect of process
innovation, while on the other there is a compensation effect … less significant effect. Harrison et al. (2005) and
Hall et al. (2007), demonstrate that due to increased demand product … labor saving effects and hence improve productivity. Net
effect of innovation on firm productivity growth therefore depends …