%0 Report
        %A Roy, Vincent Van
%A Vertesy, Daniel
%A Vivarelli, Marco
        %T Innovation and Employment in Patenting Firms: Empirical Evidence from Europe
        %D 2015
        %8 2015 Jun
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 9147
        %U https://www.iza.org/index.php/publications/dp9147
        %X 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 labour-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.
        %K GMM-SYS
%K employment
%K patents
%K innovation
%K technological change