Technology and Employment: Mass Unemployment or Job Creation? Empirical Evidence from European Patenting Firms

Marco Vivarelli, Vincent Van Roy, Dániel Vértesy

Risultato della ricerca: Contributo in rivistaArticolo in rivistapeer review

25 Citazioni (Scopus)

Abstract

This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering almost 20,000 patenting firms from Europe over the period 2003–2012. The main outcome from the proposed GMM-SYS estimations is the labor-friendly nature of innovation, which we measure in terms of forward-citation weighted patents. However, this positive impact of innovation is statistically significant only for firms in the high-tech manufacturing sectors, while not significant in low-tech manufacturing and services.
Lingua originaleEnglish
pagine (da-a)1762-1776
Numero di pagine15
RivistaResearch Policy
Stato di pubblicazionePubblicato - 2018

Keywords

  • Employment
  • GMM-SYS
  • Innovation
  • Patents
  • Technological change

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