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The present paper estimates and decomposes the employment effect of innovation by R&D intensity levels. Our micro … by raising their R&D expenditures. Most of the jobs in the economy are created by innovation followers: increasing … innovation by 1% may increase employment up to 0.7%. The job creation effect of innovation reaches its peak when R&D intensity is …
Persistent link: https://www.econbiz.de/10011983796
The present paper estimates and decomposes the employment effect of innovation by R&D intensity levels. Our micro … destruct jobs by raising their R&D expenditures. Most of the jobs in the economy are created by innovation followers …: increasing innovation by 1% may increase employment up to 0.7%. The job creation effect of innovation reaches its peak when the R …
Persistent link: https://www.econbiz.de/10011619463
We provide a novel evidence about the innovation-employment nexus by decomposing it by R&D intensity in a continuous … relationship between the R&D-driven innovation and firm employment as well as address important econometric issues, which is not … innovation and employment entails important non-linearities responsible for significant differences in employment response to …
Persistent link: https://www.econbiz.de/10012053521
contribution by Lichtenberg (2004), which relates longevity in the United States to pharmaceutical innovation and public health … ; Innovation ; Pharmaceuticals ; Health care expenditure ; Cointegration …
Persistent link: https://www.econbiz.de/10003900852
contribution by Lichtenberg (2004), which relates longevity in the United States to pharmaceutical innovation and public health … ; Innovation ; Pharmaceuticals ; Health care expenditure ; Cointegration …
Persistent link: https://www.econbiz.de/10003909500
The present paper studies the relationship between R&D investment and firm productivity growth by explicitly accounting for non-linearities in the R&D-productivity relationship and inter-sectoral firm heterogeneity. In order to address these issues, we employ a two step estimation approach, and...
Persistent link: https://www.econbiz.de/10011982910