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
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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
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Objekttyp
- Arbeitspapier
Beteiligte
- Bogliacino, Francesco
- Vivarelli, Marco
- European Commission, Joint Research Centre (JRC)
Entstanden
- 2010