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LSDVC estimates, this study finds a significant labourfriendly impact of R&D expenditures. However, this positive employment …
Persistent link: https://www.econbiz.de/10012110063
The aim of this paper is twofold. On the one hand, the economic insights on the employment impact of technological … labor-friendly impact of R&D expenditures (mainly related to product innovation) is found; yet, this positive employment …) capital formation is found to be negatively related to employment; this outcome suggests a possible labor-saving effect due to …
Persistent link: https://www.econbiz.de/10011814025
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The literature has pointed to different causes to explain the productivity gap between Europe and United States in the last decades. This paper tests the hypothesis that the lower European productivity performance in comparison with the US can be explained not only by a lower level of corporate...
Persistent link: https://www.econbiz.de/10009235193
Using data on the US and EU top R&D spenders from 2004 until 2012, this paper investigates the sources of the US/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially in the high-tech industries), and this...
Persistent link: https://www.econbiz.de/10011476418
Using data on the US and EU top R&D spenders from 2004 until 2012, this paper investigates the sources of the US/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially in the high-tech industries), and this...
Persistent link: https://www.econbiz.de/10012990873
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This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering almost 20,000 patenting firms from Europe over the period 2003-2012. The main outcome from the proposed GMM-SYS estimations is the labour-friendly nature of innovation, which...
Persistent link: https://www.econbiz.de/10011288522