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Table 6 Interaction between innovation and firm size

From: Innovation and employment growth: evidence from manufacturing firms in Africa

  (1) (2) (3)
  Employment growth Employment growth Employment growth
Innov (0 = no innovation)
 1 (= Process/Product) − 0.03   
(0.0260)   
 2 (=Process × Product) 0.05*   
(0.0247)   
Process (1 = yes)   0.02  
  (0.0219)  
Product (1 = yes)    0.06**
   (0.0211)
Small (1 = yes) − 0.08*** − 0.08*** − 0.07***
(0.0211) (0.0198) (0.0183)
Large (1 = yes) − 0.02 − 0.008 0.02
(0.0230) (0.0215) (0.0214)
Innovation × Large
 1 0.1**   
(0.0400)   
 2 0.09**   
(0.0348)   
Innovation × Small
 1 0.01   
(0.0337)   
 2 − 0.03   
(0.0312)   
Process × Large   0.10**  
  (0.0311)  
Process × Small   − 0.02  
  (0.0272)  
Product × Large    0.05
   (0.0309)
Product × Small    − 0.04
   (0.0274)
Country fixed effects Yes Yes Yes
ISIC fixed effects Yes Yes Yes
Constant 0.5*** 0.5*** 0.5***
(0.0586) (0.0590) (0.0582)
N 5389 5337 5370
R 2 0.069 0.066 0.068
Adj. R2 0.057 0.055 0.057
  1. Note: (1) All models are pooled OLS with standard errors adjusted for clusters using unique firm identifiers. (2) Standard errors in parentheses. (3) Significance levels: *p < 0.05, **p < 0.01, ***p < 0.001. (3) All models control for firm-specific and business environment characteristics
  2. Source: Authors’ own computation based on WBES, 2018