Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/44575 
Authors: 
Year of Publication: 
2008
Series/Report no.: 
ETLA Discussion Papers No. 1143
Publisher: 
The Research Institute of the Finnish Economy (ETLA), Helsinki
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

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