The impact of R&D on employment in Europe: A firm-level analysis

Francesco Bogliacino, Mariacristina Piva and Marco Vivarelli ()

No dises1176, DISCE - Quaderni del Dipartimento di Scienze Economiche e Sociali from Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE)

Abstract: The aim of this paper is to test the employment effect of business R&D expenditures, using a unique longitudinal database covering 677 European manufacturing and service firms over the period 1990-2008. Main result from the whole sample dynamic LSDVC (Least Squared Dummy Variable Corrected) estimate is the labour-friendly nature of companies’ R&D, the coefficient of which turns out to be statistically significant, although not very large in magnitude. However, the positive and significant job creation effect of R&D expenditures is detectable in services and high-tech manufacturing but absent in the more traditional manufacturing sectors. This means that we should not expect positive employment effects from increasing R&D in the majority of industrial sectors. This evidence should be kept in mind by European innovation policy makers having employment as one of their specific aims.

Keywords: Innovation; Employment; Manufacturing; Services; LSDVC (search for similar items in EconPapers)
JEL-codes: O33 (search for similar items in EconPapers)
Date: 2011-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.unicatt.it/dipartimenti/DISES/allegati/dises1176.pdf First version, aaaa (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Server closed connection without sending any data back (http://www.unicatt.it/dipartimenti/DISES/allegati/dises1176.pdf [302 Redirect]--> https://www.unicatt.it/home-pagina-non-trovata [302 Found]--> http://www.unicatt.it/404.html)

Related works:
Working Paper: The impact of R&D on employment in Europe: a firm-level analysis (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ctc:serie2:dises1176

Access Statistics for this paper

More papers in DISCE - Quaderni del Dipartimento di Scienze Economiche e Sociali from Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE) Contact information at EDIRC.
Bibliographic data for series maintained by Francesco Timpano ().