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 |
