R&D, Embodied Technological Change and Employment: Evidence from Italian Microdata
Laura Barbieri (),
Mariacristina Piva () and
Marco Vivarelli ()
No 10354, IZA Discussion Papers from Institute for the Study of Labor (IZA)
This paper explores the employment impact of innovation activity, taking into account both R&D expenditures and embodied technological change (ETC). We use a novel panel dataset covering 265 innovative Italian firms over the period 1998-2010. The main outcome from the proposed fixed effect estimations is a labor-friendly nature of total innovation expenditures; however, this positive effect is barely significant when the sole in-house R&D expenditures are considered and fades away when ETC is included as a proxy for innovation activities. Moreover, the positive employment impacts of innovation activities and R&D expenditures are totally due to firms operating in high-tech industries and large companies, while no job-creation due to technical change is detectable in traditional sectors and SMEs.
Keywords: technology; innovation; R&D; embodied technological change; employment (search for similar items in EconPapers)
JEL-codes: O31 O33 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse, nep-ent, nep-eur, nep-ino, nep-knm and nep-tid
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Published in: Industrial and Corporate Change, 2019, 28, 203-218.
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Journal Article: R&D, embodied technological change, and employment: evidence from Italian microdata (2019)
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