Abstract This study selects 238 public listed companies as research samples, and makes an estimation in threshold characterristics to analyze the effects and difference of innovation investment and innovation performance on employment. The results show that there are significant?threshold effects of both innovation investment and innovation performance on employment based managerial ownership, although the effects create employment at beginning and hurt employment later; but at the low level of managerial ownership, the effects of innovation performance on employment reduce jobs; the employment creation effects of private companies’ innovation investment are better than state-owned companies, but not the case for innovation performances; company natures make a different effect of innovation performance on employment, and industries make another different effect of innovation investment on employment.
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Received: 11 November 2015
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