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Firm growth, R&D expenditures and exports: An empirical analysis of italian SMEs

Marco Di Cintio (), Sucharita Ghosh and Emanuele Grassi ()

Research Policy, 2017, vol. 46, issue 4, 836-852

Abstract: We study firms’ export and R&D activities and their effects on employment growth and worker flows for a sample of Italian SMEs operating in the manufacturing industry. After accounting for the under-reporting of R&D in SMEs, our quantile regressions reveal that: (i) R&D is associated with higher employment growth rates, higher hiring rates and lower separation rates; (ii) R&D-induced exports are negatively related to firm employment growth and hirings and positively related to separations; and (iii) pure exports are not a driver of employment growth and worker flows.

Keywords: Exports; R&D; Firm growth; Worker flows (search for similar items in EconPapers)
JEL-codes: J63 M51 O31 F14 (search for similar items in EconPapers)
Date: 2017
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