Job creation effects of R&D expenditures : are high-tech sectors the key?

Francesco Bogliacino, Mariacristina Piva and Marco Vivarelli

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.

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Year of publication:	December 2011
Authors:	Bogliacino, Francesco ; Piva, Mariacristina ; Vivarelli, Marco
Publisher:	Seville, Spain : European Commission
Subject:	innovation \| employment \| manufacturing \| services \| LSDVC \| Beschäftigungseffekt \| Employment effect \| Innovation \| Schätzung \| Estimation \| Hochtechnologie \| High technology \| Technischer Fortschritt \| Technological change \| EU-Staaten \| EU countries \| Industrieforschung \| Industrial research \| Dienstleistungssektor \| Service industry

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Extent:	1 Online-Ressource (circa 32 Seiten)
Series:	IPTS working paper on corporate r&d and innovation. - Seville (Spain) : European Commission, Joint Research Centre, Institute for Prospective Technological Studies, ISSN 1831-9408, ZDB-ID 2946854-1. - Vol. no. 2011, 10
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
ISBN:	978-92-79-23392-0
Other identifiers:	10.2791/75958 [DOI] hdl:10419/202138 [Handle]
Classification:	O33 - Technological Change: Choices and Consequences; Diffusion Processes
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011982194