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 labor-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 supports the EU2020 strategy but—taking into
account that most European economies are specialized in low-tech activities—is also worrying in
terms of future perspectives of the European labor market.
Lingua originale | English |
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pagine (da-a) | 1-16 |
Numero di pagine | 16 |
Rivista | Sustainability |
DOI | |
Stato di pubblicazione | Pubblicato - 2018 |
Keywords
- EU
- Employment
- Firm-level analysis
- Innovation
- R&D