Public R&D Subsidies and Employment Growth - Microeconomic Evidence from Finnish Firms

Heli Koski

No 1143, Discussion Papers from The Research Institute of the Finnish Economy

Abstract: This study empirically explores whether the public financial support for entrepreneurial R&D affects employment growth at the firm level. The data from the Finnish companies suggests that the firms that have received public R&D funding have not generally witnessed any greater employment growth than other companies. However, we find that the public R&D support targeted to the certain types of R&D activities notably contribute to the creation of new jobs : employment in those firms that have received public funding for the R&D projects targeted to the new business areas has clearly grown relatively more than in other companies. The relationship between the firms total innovation and employment growth is not statistically significant.

Keywords: Public R&D subsidies; technology policy; employment growth (search for similar items in EconPapers)
JEL-codes: J23 L10 O33 O38 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2008
New Economics Papers: this item is included in nep-eec, nep-ino and nep-ppm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.etla.fi/wp-content/uploads/2012/09/dp1143.pdf (application/pdf)

Related works:
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:rif:dpaper:1143

Ordering information: This working paper can be ordered from
https://www.etla.fi/en/publications/dp1143-en/

The price is 10€.

Access Statistics for this paper

More papers in Discussion Papers from The Research Institute of the Finnish Economy Contact information at EDIRC.
Bibliographic data for series maintained by Kaija Hyvönen-Rajecki ().