Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/44580 
Erscheinungsjahr: 
2011
Schriftenreihe/Nr.: 
ETLA Discussion Papers No. 1235
Verlag: 
The Research Institute of the Finnish Economy (ETLA), Helsinki
Zusammenfassung: 
We use data from 15508 Finnish companies with 10 or more employees for the years 2003-2008 to explore the relationship between employment growth and three endogenously determined business subsidy types (i.e. employment subsidy, R&D subsidy and other business subsidies). We find a positive contemporary relationship between all business subsidy types and employment growth. Our findings suggest that R&D subsidies further contribute to the firms' employment for one year after and employment and other subsidies for three years after the reception of subsidies. After that, the differences between the subsidized and non-subsidized firms vanish. We further find, in line with the empirical studies of Harrison et al. (2008) and Hall et al. (2008), that both product innovation and sales growth from a firm's old products contribute to the firm's employment growth. Process innovation, instead, does not seem to have any significant effect on employment.
Schlagwörter: 
public subsidies
technology policy
employment growth
Finland
JEL: 
J23
L10
O33
O38
Dokumentart: 
Working Paper

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