TY  - JOUR
AU  - Harrison,Rupert
AU  - Jaumandreu,Jordi
AU  - Mairesse,Jacques
AU  - Peters,Bettina
TI  - Does Innovation Stimulate Employment? A Firm-Level Analysis Using Comparable Micro-Data from Four European Countries
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 14216
PY  - 2008
Y2  - August 2008
UR  - http://www.nber.org/papers/w14216
L1  - http://www.nber.org/papers/w14216.pdf
N1  - Author contact info:
Rupert B. Harrison
The Institute for Fiscal Studies
7 Ridgmount Street, London WC1E 7AE.
United Kingdom
E-Mail: harrison.rupert@googlemail.com

Jordi Jaumandreu
Department of Economics
Boston University
270 Bay State Road
Boston, MA 02215
Tel: 617 358 5925
Fax: 617 353 4449
E-Mail: jordij@bu.edu

Jacques Mairesse
CREST (ParisTech-ENSAE)
15, Boulevard Gabriel PERI
92245 MALAKOFF CEDEX
FRANCE
Tel: 33-1-41-17-35-50
Fax: 33-1-41-17-76-34
E-Mail: mairesse@ensae.fr

Bettina Peters
ZEW
Postfach 103443 D-68043 Mannheim
Germany
E-Mail: b.peters@zew.de
AB  - This paper studies the impact of process and product innovations introduced by firms on employment growth in these firms. A simple model that relates employment growth to process innovations and to the growth of sales separately due to innovative and unchanged products is developed and estimated using comparable firm-level data from France, Germany, Spain and the UK. Results show that displacement effects induced by productivity growth in the production of old products are large, while those associated with process innovations, which are likely to be compensated by price decreases, appear to be small. The effects related to product innovations are, however, strong enough to overcompensate these displacement effects.
ER  -