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Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/116566
The impact of R&D on employment in Europe: a firm-level analysis
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The aim of this paper is to test the employment effect of business R&D expenditures, using a unique longitudinal database covering 677 European manufacturing and service firms over the period 1990-2008. Main result from the whole sample dynamic LSDVC (Least Squared Dummy Variable Corrected) estimate is the labour-friendly nature of companies’ R&D, the coefficient of which turns out to be statistically significant, although not very large in magnitude. However, the positive and significant job creation effect of R&D expenditures is detectable in services and high-tech manufacturing but absent in the more traditional manufacturing sectors. This means that we should not expect positive employment effects from increasing R&D in the majority of industrial sectors. This evidence should be kept in mind by European innovation policy makers having employment as one of their specific aims.
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BOGLIACINO, Francesco, PIVA, Mariacristina and VIVARELLI, Marco. The impact of R&D on employment in Europe: a firm-level analysis. IEB Working Paper 2011/20. [consulted: 9 of August of 2026]. Available at: https://hdl.handle.net/2445/116566