149015 20260217205443.0 doi 10.1080/10438599.2019.1629535 sideral 113155 ART-2019-113155 eng Ortiz, J. Universidad de Zaragoza (orcid)0000-0003-2114-5033 Technological innovation and the demand for labor by firms in expansion and recession 2019 With firm data from the Spanish Community Innovation Survey (CIS) for the period 2003-2014, we find a positive and significant effect of innovation in the demand for labor when firms introduce product and process innovations in the same time period. The effect of innovation on the demand for labor is countercyclical, higher in the recession, after 2008, than in the expansion, before 2008, but the probability that firms innovate in product and process is counter-cyclical, i.e. lower in the recession. Altogether, the elasticity of the demand for labor to the probability that firms introduce product and process innovations remains stable throughout the sample period, at around 0.035. Innovation contributes to stabilize average employment during the cycle, more so when the innovation is in product, alone or together with process, than when it is only in process. These results are broadly consistent with product and process innovations shifting firms'' demand and production functions upwards, but differentially in expansions (less product market competition) than in contractions (more competition). info:eu-repo/grantAgreement/ES/DGA/S42-17R-CREVALOR info:eu-repo/grantAgreement/ES/MINECO/ECO2017-86305-C4-3-R info:eu-repo/semantics/closedAccess All rights reserved http://www.europeana.eu/rights/rr-f/ 1.563 2019 ECONOMICS 167 / 371 = 0.45 2019 Q2 T2 0.923 2019 Management of Technology and Innovation 2019 Q1 Economics, Econometrics and Finance (miscellaneous) 2019 Q1 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Salas Fumas, V. Universidad de Zaragoza (orcid)0000-0001-8405-1056 4012 650 Universidad de Zaragoza Dpto. Direcc.Organiza.Empresas Área Organización de Empresas 29, 4 (2019), 417-440 Econ. innov. new technol. Economics of innovation and new technology 1043-8599 1001265 http://zaguan.unizar.es/record/149015/files/texto_completo.pdf Versión publicada 1380764 http://zaguan.unizar.es/record/149015/files/texto_completo.jpg?subformat=icon icon Versión publicada oai:zaguan.unizar.es:149015 articulos driver 2026-02-17-20:17:18 ARTICLE