Arbeitspapier

The job creation effect of R&D expenditures

In this study we use a unique database covering 25 manufacturing and service sectors for 15 European countries over the period 1996-2005, for a total of 2,295 observations, and apply GMM-SYS panel estimations of a demand-for-labour equation augmented with technology. We find that R&D expenditures -fostering product innovation- have a job-creating effect, in accordance with the previous theoretical and empirical literature discussed in the paper. Interestingly enough, the labour-friendly nature of R&D emerges in both the flow and the stock specifications. These findings provide further justification for the European Lisbon-Barcelona targets.

ISBN
978-92-79-15702-8
Sprache
Englisch

Erschienen in
Series: IPTS Working Papers on Corporate R&D and Innovation ; No. 04/2010

Klassifikation
Wirtschaft
Technological Change: Choices and Consequences; Diffusion Processes
Thema
Technological change
corporate R&D
employment
product innovation
GMM-SYS

Ereignis
Geistige Schöpfung
(wer)
Bogliacino, Francesco
Vivarelli, Marco
Ereignis
Veröffentlichung
(wer)
European Commission, Joint Research Centre (JRC)
(wo)
Seville
(wann)
2010

DOI
doi:10.2791/40510
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bogliacino, Francesco
  • Vivarelli, Marco
  • European Commission, Joint Research Centre (JRC)

Entstanden

  • 2010

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