Technological invention and local labour markets: Evidence from France, Germany and the UK
Research Policy · 2024 · Volume 53 · Issue 7
DOI: 10.1016/j.respol.2024.105021
Abstract
Highlights • Innovation can create employment for different skill groups, even below degree level. • Employment effects are larger for workers with vocational skills. • Employment effects from innovation are temporary and decline over time. • Magnitude of effects varies by country. Abstract I estimate employment multiplier effects by skill group from graduate employment and innovation at the NUTS1 and 2 level in France, Germany and the UK. Using local projections, I estimate the effects over 5-year horizons. Both graduate employment and patenting have temporary, positive impacts on non-graduate and mid-skilled employment. There is considerable heterogeneity in terms of the direction and magnitude of the effects across the three countries. The paper shows that innovation can be a source of regional employment growth, even for those without a graduate degree.
Keywords
Employment, Patents, Regions, Invention, Skills
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