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Title: Innovation persistence and employment dynamics
Author: Bianchini, Stefano
Pellegrino, Gabriele
Keywords: Societats
Creació d'ocupació
Recerca industrial
Job creation
Industrial research
Issue Date: 2017
Publisher: Institut d’Economia de Barcelona
Series/Report no: [WP E-IEB17/03]
Abstract: This paper examines the effect of persistence in product and process innovations on the employment dynamics of a representative sample of Spanish manufacturing firms observed over more than 20 years. We build on a conceptual framework that links innovation persistence, employment growth and the persistence of this growth in the long-run. Using dynamic panel GMM and survival analysis techniques, we find that persistence in product innovation affects both employment growth and the sustainability of job creation over time significantly, whilst persistence in process innovation does not play any relevant role. The evidence we provide supports the notion that product innovation is more effective in spurring sustained employment growth when carried out systematically.
Note: Reproducció del document publicat a:
It is part of: IEB Working Paper 2017/03
Appears in Collections:IEB (Institut d’Economia de Barcelona) – Working Papers

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