TY  - BOOK
N2  - Recent research has underscored the prominent role played by a small fraction of fast-growing new firms in contributing to aggregate net employment growth. While it is typically assumed that those firms experience this superior performance thanks to their ability in undertaking technological innovation, few empirical studies have explicitly addressed this issue. This article examines the innovation-employment nexus for startups using the Kauffman Firm Survey, a unique longitudinal dataset tracking a single cohort of US firms founded in 2004. Results based on fixed effects panel quantile regressions indicate an overall positive but heterogeneous effect of innovation activities on the conditional employment growth distribution. More in detail, the findings reveal that both research and development and patents have a positive association with employment growth especially for those new firms experiencing high growth.
AB  - Recent research has underscored the prominent role played by a small fraction of fast-growing new firms in contributing to aggregate net employment growth. While it is typically assumed that those firms experience this superior performance thanks to their ability in undertaking technological innovation, few empirical studies have explicitly addressed this issue. This article examines the innovation-employment nexus for startups using the Kauffman Firm Survey, a unique longitudinal dataset tracking a single cohort of US firms founded in 2004. Results based on fixed effects panel quantile regressions indicate an overall positive but heterogeneous effect of innovation activities on the conditional employment growth distribution. More in detail, the findings reveal that both research and development and patents have a positive association with employment growth especially for those new firms experiencing high growth.
T1  - Innovation and job creation in (high-growth) new firms.
AU  - Santoleri, Pietro,
JF  - Industrial and Corporate Change,
VL  - Volume 29, Issue 3
LA  - eng
ID  - 47803
KW  - Job creation
KW  - Intellectual property
KW  - Patents
KW  - Innovation
SN  - 0960-6491 (Print)
SN  - 1464-3650 (Online)
TI  - Innovation and job creation in (high-growth) new firms.
LK  - https://doi.org/10.1093/icc/dtz059
UR  - https://doi.org/10.1093/icc/dtz059
ER  -