Product innovation and employment growth at the firm level: a quantile regression approach to inter-industry differences
Sverre J. Herstad
Applied Economics Letters, 2018, vol. 25, issue 15, 1062-1065
This article demonstrates that the relationship between product innovativeness and employment growth at the firm level depends on (i) market responses to innovations with different degrees of novelty, (ii) the location of firms on the growth distribution and (iii) industry conditions. As a result, research that uses standard regression techniques such as OLS and does not account for innovation characteristics and industry differences fail to properly describe this relationship
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