This paper explores the employment impact of innovation activity, taking into account both R&D expenditures and embodied technological change (ETC). We use a novel panel dataset covering 265 innovative Italian firms over the period 1998-2010. The main outcome from the proposed fixed effect estimations is a labor-friendly nature of total innovation expenditures; however, this positive effect is barely significant when the sole in-house R&D expenditures are considered and fades away when ETC is included as a proxy for innovation activities. Moreover, the positive employment impacts of innovation activities and R&D expenditures are totally due to firms operating in high-tech industries and large companies, while no jobcreation due to technical change is detectable in traditional sectors and SMEs.
Barbieri, L., Piva, M., Vivarelli, M., R&D, Embodied Technological Change and Employment: Evidence from Italian Microdata, <<IZA Discussion Papers>>, 2016; 2016 (10354): 1-32 [http://hdl.handle.net/10807/95374]
Autori: | |
Titolo: | R&D, Embodied Technological Change and Employment: Evidence from Italian Microdata |
Data di pubblicazione: | 2016 |
Abstract: | This paper explores the employment impact of innovation activity, taking into account both R&D expenditures and embodied technological change (ETC). We use a novel panel dataset covering 265 innovative Italian firms over the period 1998-2010. The main outcome from the proposed fixed effect estimations is a labor-friendly nature of total innovation expenditures; however, this positive effect is barely significant when the sole in-house R&D expenditures are considered and fades away when ETC is included as a proxy for innovation activities. Moreover, the positive employment impacts of innovation activities and R&D expenditures are totally due to firms operating in high-tech industries and large companies, while no jobcreation due to technical change is detectable in traditional sectors and SMEs. |
Lingua: | Inglese |
Titolo del libro: | IZA Discussion Papers |
Citazione: | Barbieri, L., Piva, M., Vivarelli, M., R&D, Embodied Technological Change and Employment: Evidence from Italian Microdata, <<IZA Discussion Papers>>, 2016; 2016 (10354): 1-32 [http://hdl.handle.net/10807/95374] |
Appare nelle tipologie: | Quaderno, Working paper, Paper (di dipartimento / istituto / progetti) |