Journal of Innovation and Entrepreneurship

A Systems View Across Time and Space

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
1 (= Process/Product)	(0.0260)
2 (=Process × Product)	0.05*
2 (=Process × Product)	(0.0247)
Process (1 = yes)		0.02
Process (1 = yes)		(0.0219)
Product (1 = yes)			0.06**
Product (1 = yes)			(0.0211)
Small (1 = yes)	− 0.08***	− 0.08***	− 0.07***
Small (1 = yes)	(0.0211)	(0.0198)	(0.0183)
Large (1 = yes)	− 0.02	− 0.008	0.02
Large (1 = yes)	(0.0230)	(0.0215)	(0.0214)
Innovation × Large
1	0.1**
1	(0.0400)
2	0.09**
2	(0.0348)
Innovation × Small
1	0.01
1	(0.0337)
2	− 0.03
2	(0.0312)
Process × Large		0.10**
Process × Large		(0.0311)
Process × Small		− 0.02
Process × Small		(0.0272)
Product × Large			0.05
Product × Large			(0.0309)
Product × Small			− 0.04
Product × Small			(0.0274)
Country fixed effects	Yes	Yes	Yes
ISIC fixed effects	Yes	Yes	Yes
Constant	0.5***	0.5***	0.5***
Constant	(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

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
Source: Authors’ own computation based on WBES, 2018

Back to article page