Abstract
This paper explores the relationship between innovation and employment in the Peruvian manufacturing industry based on the model developed by Jaumandreu (2003) and Harrison et al. (2008) and distinguishes between two types of innovation: product and process. The results show that process innovation reduces the level of employment by an average of 0.45% by replacing employment with more efficient physical capital. However, product innovation is found to increase the level of employment by an average of 0.67%, mainly because a new product is brought to market. The results obtained are robust according to size of firm, the quality structure of the workforce, and technological capacity.
| Translated title of the contribution | The relationship between innovation and employment in the Peruvian manufacturing industry, 2012-2014 |
|---|---|
| Original language | Spanish |
| Pages (from-to) | 213-253 |
| Number of pages | 41 |
| Journal | Apuntes |
| Volume | 47 |
| Issue number | 87 |
| DOIs | |
| State | Published - Jul 2020 |
| Externally published | Yes |
Bibliographical note
Publisher Copyright:© 2020, Universidad del Pacífico Press. All rights reserved.
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
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SDG 17 Partnerships for the Goals
Keywords
- Process innovation
- Product innovation
- Employment
- Instrumental variables
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