The impact of innovation on employment in small and medium enterprises with different growth rates

Zimmermann, Volker

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URN: urn:nbn:de:bsz:180-madoc-22640
Document Type: Working paper
Year of publication: 2008
The title of a journal, publication series: None
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: C21 O33 J23 ,
Subject headings (SWD): Deutschland , Klein- und Mittelbetrieb , Innovation , Arbeitsnachfrage , Unternehmensentwicklung , Beschäftigungswirkung
Keywords (English): Labour demand , innovation , small and medium enterprises
Abstract: This article examines the impact of innovation on employment growth in innovating small and medium enterprises using a quantile regression approach. The key findings are that innovation has a positive effect on employment in both growing and shrinking firms. The impact of innovation on employee headcounts is much stronger in companies that are already experiencing strong growth than in their slower growing or shrinking counterparts. Thus, positive employment effects of innovations are not restricted to narrow segments of the economy. Economic policy aimed at bolstering the innovative strength of firms is thus a strong encouragement to employment on a broad basis.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.

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