Job Creation Effects of R&D Expenditures:Are High-tech Sectors the Key? - IPTS WORKING PAPER on CORPORATE R&D AND INNOVATION - Nr. 10/2011
In this paper we assess the job creation effect of R&D expenditures, using a unique longitudinal database of 677 European companies over the period 1990-2008. We estimate a dynamic labour demand specification using a Least Squares Dummy Variable Corrected (LSDVC) technique.
The labour-friendly nature of R&D emerges from the empirical analysis on the overall sample. However, this positive significant effect corresponds to the high-tech sector and services, while the effect is not significant for traditional manufacturing. The results support the policy agenda of promoting structural change in European economies.
VIVARELLI Marco;
PIVA Mariacristina;
BOGLIACINO Francesco;
2013-05-31
Publications Office of the European Union
JRC69318
978-92-79-23392-0,
1831-9408,
1831-9424,
EUR 24747 EN/10,
OP LF-NJ-24747-EN-N,
http://iri.jrc.ec.europa.eu/docs/papers/2011/WP_10-2011.pdf,
https://publications.jrc.ec.europa.eu/repository/handle/JRC69318,
10.2791/75958,
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