Patenting Behaviour and Employment Growth in German Start-up Firms : A Panel Data Analysis


Niefert, Michaela


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URL: http://ub-madoc.bib.uni-mannheim.de/939
URN: urn:nbn:de:bsz:180-madoc-9392
Document Type: Working paper
Year of publication: 2005
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: D92 L25 C23 ,
Subject headings (SWD): Deutschland , Unternehmensgründung , Patent , Innovation
Abstract: The effect of innovations on employment at the firm level is theoretically ambiguous. The present paper analyses this relationship using panel data on German start-up firms as well as German patent data. It employs different indicators of patenting activity. By applying fixed-effects and first-differencing panel data methods it is shown that patenting activity has a positive effect on employment growth that is typically most pronounced in the second year after application. The effect seems to diminish with firm age. Patenting firms do not generally exhibit higher growth rates than their non-patenting counterparts; instead, growth performance depends on their patenting activity over time.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Niefert, Michaela (2005) Patenting Behaviour and Employment Growth in German Start-up Firms : A Panel Data Analysis. Open Access [Working paper]
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