Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/202138 
Year of Publication: 
2011
Series/Report no.: 
IPTS Working Papers on Corporate R&D and Innovation No. 10/2011
Publisher: 
European Commission, Joint Research Centre (JRC), Seville
Abstract: 
In this paper we assess the job creation effect of R&D expenditures, using a unique longitudinal database of 677 European companies over the period 1990-2008. We estimate a dynamic labour demand specification using a Least Squares Dummy Variable Corrected (LSDVC) technique. The labour-friendly nature of R&D emerges from the empirical analysis on the overall sample. However, this positive significant effect corresponds to the high-tech sector and services, while the effect is not significant for traditional manufacturing. The results support the policy agenda of promoting structural change in European economies.
Subjects: 
innovation
employment
manufacturing
services
LSDVC
JEL: 
O33
Persistent Identifier of the first edition: 
ISBN: 
978-92-79-23392-0
Document Type: 
Working Paper

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