Employment protection legislation, multinational firms and innovation

Arbeitspapier

The theoretical effects of labour regulations such as employment protection legislation (EPL) on innovation is ambiguous, and empirical evidence has thus far been inconclusive. EPL increases job security and the greater enforceability of job contracts may increase worker investment in innovative activity. On the other hand EPL increases adjustment costs faced by firms, and this may lead to under-investment in activities that are likely to require adjustment, including technologically advanced innovation. In this paper we find empirical evidence that both effects are at work - multinational enterprises locate more innovative activity in countries with high EPL, however they locate more technologically advanced innovation in countries with low EPL.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IFS Working Papers ; No. 10,01

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Firm Behavior: Theory ; Multinational Firms; International Business ; Innovation and Invention: Processes and Incentives ; Human Capital; Skills; Occupational Choice; Labor Productivity
• Thema: Innovation ; employment protection ; multinational firm location ; Arbeitsplatzsicherung ; Personalkosten ; Betriebliche Investitionspolitik ; Innovation ; Wettbewerb ; Betriebliche Standortwahl ; Multinationales Unternehmen ; Theorie

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Griffith, Rachel ; Macartney, Gareth
• Ereignis: Veröffentlichung
• (wer): Institute for Fiscal Studies (IFS)
• (wo): London
• (wann): 2010

Weitere Informationen

• Handle: http://hdl.handle.net/10419/47468
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ