The firm-level employment effects of innovations in high-tech US manufacturing industries

@article{Coad2011TheFE,
  title={The firm-level employment effects of innovations in high-tech US manufacturing industries},
  author={Alex Coad and Rekha Rao},
  journal={Journal of Evolutionary Economics},
  year={2011},
  volume={21},
  pages={255-283}
}
We focus on four two-digit manufacturing industries that are known for their high patenting activity. We then use Principal Components Analysis to generate a firm- and year-specific ‘innovativeness’ index by extracting the common variance in a firm’s patenting and R&D expenditure histories. To begin with, we explore the heterogeneity of firms by using semi-parametric quantile regression. We then move on to parametric regressions that include a weighted least squares (WLS) analysis, which… 

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