Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/103510
Authors: 
Dostie, Benoît
Year of Publication: 
2014
Series/Report no.: 
IZA Discussion Papers 8506
Abstract: 
The firm's stock of human capital is an important determinant of its ability to innovate. As such, any increase in this 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 training leads to more product and process innovation, with on-the-job training playing a role that is as important as classroom training. We then demonstrate that on-the-job training has a positive impact on firm-level productivity through improved process innovation.
Subjects: 
innovation
firm-sponsored training
productivity
linked employer-employee data
JEL: 
J24
L22
M53
O32
Document Type: 
Working Paper

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