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produced at least one major innovation at any time in the United Kingdom from 1945–82. Both datasets yield the same conclusion …
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This paper investigates the impact of innovation on employment using a panel of UK manufacturing firms and a headcount … bargaining models. It also argues that the innovation effect can be used to distinguish between shirking models and union … bargains. Innovation is found to have positive effect on company employment raising it by 9--12% in the short run and up to 40 …
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