Schumpeter defined innovation as new goods which do not exist in the market, a new production method, a new market or raw material source, a new field of business, a new financial method or a new organization style. The innovation is of generally two types, specifically product innovation &...

Recent research has underscored the prominent role played by a small fraction of fast-growing new firms in contributing to aggregate net employment growth. While it is typically assumed that those firms experience this superior performance thanks to their ability in undertaking technological...

The patterns and mechanisms of job creation in business services are investigated in this article by considering the role of innovation, demand, wages and the composition of employment by professional groups. A model is developed and an empirical test is carried out with parallel analyses on a...