Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/149213 
Year of Publication: 
2016
Series/Report no.: 
IZA Discussion Papers No. 10354
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
This paper explores the employment impact of innovation activity, taking into account both R&D expenditures and embodied technological change (ETC). We use a novel panel dataset covering 265 innovative Italian firms over the period 1998-2010. The main outcome from the proposed fixed effect estimations is a labor-friendly nature of total innovation expenditures; however, this positive effect is barely significant when the sole in-house R&D expenditures are considered and fades away when ETC is included as a proxy for innovation activities. Moreover, the positive employment impacts of innovation activities and R&D expenditures are totally due to firms operating in high-tech industries and large companies, while no job-creation due to technical change is detectable in traditional sectors and SMEs.
Subjects: 
technology
innovation
R&D
embodied technological change
employment
JEL: 
O31
O33
Document Type: 
Working Paper

Files in This Item:
File
Size
332.85 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.