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&D effort and ultimately for improving its performance through innovation. Originality/value – While there is a well …
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more important for small-firm innovation than for their larger counterparts. …
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in many advanced economies. While process innovation can be job-destroying, product innovation can imply the emergence of … new firms, new sectors, and thus new jobs. But even for process innovation, the final impact on labor demand is shaped by … impede them. Policies should maximize the job-creation effect of product innovation and minimize the direct labor …
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of innovation. …
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After discussing theory regarding the consequences of technological change on employment, our aim is to test the possible job creation effect of business R&D expenditures, using a unique longitudinal database covering 677 European firms (1990-2008). The main outcome from the dynamic LSDVC (Least...
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The job creation effect of business R&D is tested applying the dynamic LSDVC estimator to a longitudinal database covering 677 European companies over the period 1990–2008. Job creation is detected in services and high-tech manufacturing, but not in traditional sectors.
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