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ETLA Discussion Papers, Research Institute of the Finnish Economy >
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http://hdl.handle.net/10419/44575
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| Title: | | Public R&D subsidies and employment growth: Microeconomic evidence from Finnish firms  |
| Authors: | | Koski, Heli |
| Issue Date: | | 2008 |
| Series/Report no.: | | ETLA discussion paper 1143 |
| 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 firm's total innovation and employment growth is not statistically significant. |
| Subjects: | | public R&D subsidies technology policy employment growth |
| JEL: | | J23 L10 O33 O38 |
| Document Type: | | Working Paper |
| Appears in Collections: | | ETLA Discussion Papers, Research Institute of the Finnish Economy
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