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innovation contributed 61% (=(1.24+0.45)/2.74)of labour productivity growth over the period. -- Innovation ; productivity growth …We (a) propose an implementable innovation index, (b) relate it to existing innovation definitions and (c) show whole …-economy and industry-specific results for the UK market sector, 2000-2005. Our innovation measure starts by observing that we …
Persistent link: https://www.econbiz.de/10003811075
), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge … productivity - hold for knowledge intensive services. Combining the models of Crepon et al. (1998) and of Ackerberg et al. (2015 … intensive services benefit from innovation activities in the sense that these activities causally increase their labor …
Persistent link: https://www.econbiz.de/10011958696
inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i … aggregate demand. A second is that the predictions of AI causing massive job losses and faster growth in productivity and GDP … growth and productivity is stagnating and inequality is rising. Our paper provides a theoretical explanation of this in the …
Persistent link: https://www.econbiz.de/10011951702
This paper examines how productivity effects of human capital and innovation vary at different points of the … conditional productivity distribution. Our analysis draws upon two large unbalanced panels of 6,634 enterprises in Germany and 14 …-technology manufacturing, average innovation performance is higher in all industries in Germany and the innovation performance distributions …
Persistent link: https://www.econbiz.de/10009786464
stock through firm-sponsored training might lead to more innovation. We test this hypothesis using detailed data on firms …' human capital investments and innovation performance, the Canadian longitudinal linked employer-employee data from 1999 …-2006. Our results, with workplace fixed-effects and allowing for time-varying productivity shocks, demonstrate that more …
Persistent link: https://www.econbiz.de/10010409776
innovation on firm survival and firm productivity, which constitute the two main channels through which innovation drives growth …-linearity and volatility in the gains from R&D/innovation, particularly in terms of its effects on firm survival and productivity … perspectives that inform the empirical models allow for heterogeneity in the effects of R&D/innovation on firm survival and …
Persistent link: https://www.econbiz.de/10012286283
We take a fresh look at firms' innovation-productivity linkages, using novel data capturing new aspects of innovative …, trademarks and innovation surveys. We also establish connections between launches and previous innovative activity. We then link … IP, launches and productivity, controlling for media exposure and firm heterogeneity. Launch activity is associated with …
Persistent link: https://www.econbiz.de/10011992882
In this paper, we describe the historical co-evolution of innovation and economic growth in Germany since 1871. The … country's rise as an industrial power in the late 19th century, through its innovation and entrepreneurial performance, is … nevertheless a period during which innovation went into relative decline. We document this decline and offer four broad …
Persistent link: https://www.econbiz.de/10012440279
identified in the structural literature through which EPL-induced job reallocation affects productivity, innovation, and overall … job allocation across industries, firms, and workers, and its implications for innovation and economic growth. We analyze …
Persistent link: https://www.econbiz.de/10014463143
This paper explores the employment impact of innovation activity, taking into account both R&D expenditures and …-2010. The main outcome from the proposed fixed effect estimations is a labor-friendly nature of total innovation expenditures … ETC is included as a proxy for innovation activities. Moreover, the positive employment impacts of innovation activities …
Persistent link: https://www.econbiz.de/10011580909