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The impact of R&D on employment in Europe: a firm-level analysis
Bogliacino, Francesco; Piva, Mariacristina; Vivarelli, Marco
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.
-Recerca industrial
-Gestió de la innovació
-Indústria manufacturera
-Ocupació
-Industrial research
-Innovation management
-Manufacturing industries
-Employment (Economic theory)
cc-by-nc-nd, (c) Bogliacino et al., 2011
http://creativecommons.org/licenses/by-nc-nd/3.0/es/
Documento de trabajo
Institut d’Economia de Barcelona
         

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