Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/161204 
Year of Publication: 
2017
Series/Report no.: 
IZA Discussion Papers No. 10581
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Using a unique firm-level database comprising the top European R&D investors over the period 2002-2013 and running LSDVC estimates, this study finds a significant labour-friendly impact of R&D expenditures. However, this positive employment effect appears limited in magnitude and entirely due to the medium-and high-tech sectors, while no effect can be detected in the low-tech industries. From a policy point of view, this outcome is supporting the EU2020 strategy, but taking into account that most of European economies are specialized in low-tech activities is also worrying in terms of future perspectives of the European labour market.
Subjects: 
R&D
innovation
employment
firm-level analysis
EU
JEL: 
O33
Document Type: 
Working Paper

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