Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/114011
Authors: 
Van Roy, Vincent
Vertesy, Daniel
Vivarelli, Marco
Year of Publication: 
2015
Series/Report no.: 
IZA Discussion Papers 9147
Abstract: 
This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering almost 20,000 patenting firms from Europe over the period 2003-2012. The main outcome from the proposed GMM-SYS estimations is the labour-friendly nature of innovation, which we measure in terms of forward-citation weighted patents. However, this positive impact of innovation is statistically significant only for firms in the high-tech manufacturing sectors, while not significant in low-tech manufacturing and services.
Subjects: 
technological change
innovation
patents
employment
GMM-SYS
JEL: 
O31
O33
Document Type: 
Working Paper

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