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IEB17-03_Bianchini.pdf (847.79 KB)

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Working paper

Publication date

2017

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cc-by-nc-nd, (c) Bianchini et al., 2017
Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/111803

Innovation persistence and employment dynamics

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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.

Subject

Societats, Creació d'ocupació, Recerca industrial

Subject (English)

Corporations, Job creation, Industrial research

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IEB (Institut d’Economia de Barcelona) – Working Papers

Citation

BIANCHINI, Stefano and PELLEGRINO, Gabriele. Innovation persistence and employment dynamics. IEB Working Paper 2017/03. [consulted: 10 of August of 2026]. Available at: https://hdl.handle.net/2445/111803

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