Abstract
We examine the impact of the strictness of employment protection legislation (EPL) on innovation intensity. To this purpose, we use a panel of annual data from Organisation for Economic Co-operation and Development countries and analyze the variation of innovation intensity within country between industries. Our estimates indicate that stricter EPL led to significantly lower innovation intensity in industries with higher job layoff propensity. Our findings are robust to additional industry covariates and other labor market institutions that may affect innovation performance and industry job layoff propensity.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
