A growing literature investigates how firms' innovation input reacts to changes in the business cycle. However, so far … there is no evidence whether there is cyclicality in the effects of innovation on firm performance as well. In this paper …. (2014), our empirical analysis reveals four important findings: First, the net effect of product innovation on employment …

dynamics. We investigate this reallocation in terms of employment gains and losses from innovation. New employment created by … product innovation may be offset by employment losses in related products, known as 'cannibalisation' or 'business stealing …' effects in the literature, by employment losses from process and organisational innovation and by general productivity …

. redefinition of industrial, regional and innovation policy to characterise and stimulate the economies along a new growth path. It … the history and the way forward of European industrial policy. As regional and innovation policy are fully intertwined … the role of clusters for the new growth path and the contribution of green innovation, especially in the energy sector, to …

(Community Innovation Surveys) wird gezeigt, dass die deutsche Industrie eine überdurchschnittlich starke Innovationsorientierung …This article investigates to what extent innovation has contributed to the development of employment growth and … exporting in German manufacturing since the beginning of 2000. Using firm-level data from the Community Innovation Surveys in …

Recent empirical evidence has shown that firm’s innovation behavior exhibits high persistency but not much is known … environment and asks how local knowledge spillovers affect firms' innovation persistence. The empirical analysis draws upon a … former evidence that persistency in innovation is driven by true state dependence. More importantly, we find that the local …