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http://hdl.handle.net/2445/116566| Title: | The impact of R&D on employment in Europe: a firm-level analysis |
| Author: | Bogliacino, Francesco Piva, Mariacristina Vivarelli, Marco |
| Keywords: | Recerca industrial Gestió de la innovació Ocupació Indústria manufacturera Industrial research Innovation management Employment (Economic theory) Manufacturing industries |
| Issue Date: | 2011 |
| Publisher: | Institut d’Economia de Barcelona |
| Series/Report no: | [WP E-IEB11/20] |
| Abstract: | The aim of this paper is to test the employment effect of business R&D expenditures, using a unique longitudinal database covering 677 European manufacturing and service firms over the period 1990-2008. Main result from the whole sample dynamic LSDVC (Least Squared Dummy Variable Corrected) estimate is the labour-friendly nature of companies’ R&D, the coefficient of which turns out to be statistically significant, although not very large in magnitude. However, the positive and significant job creation effect of R&D expenditures is detectable in services and high-tech manufacturing but absent in the more traditional manufacturing sectors. This means that we should not expect positive employment effects from increasing R&D in the majority of industrial sectors. This evidence should be kept in mind by European innovation policy makers having employment as one of their specific aims. |
| Note: | Reproducció del document publicat a: http://www.ieb.ub.edu/2012022157/ieb/ultimes-publicacions |
| It is part of: | IEB Working Paper 2011/20 |
| URI: | http://hdl.handle.net/2445/116566 |
| Appears in Collections: | IEB (Institut d’Economia de Barcelona) – Working Papers |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| IEB11-20_Bogliacino.pdf | 406.35 kB | Adobe PDF | View/Open |
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