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Impact of Public R&D Financing on Employment. ENEPRI Working Paper No. 39, August 2005

Ali-Yrkkö, Jyrki. (2005) Impact of Public R&D Financing on Employment. ENEPRI Working Paper No. 39, August 2005. [Working Paper]

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    Abstract

    This study analyses how public R&D financing impacts the labour demand of companies. To our knowledge, no previous studies have distinguished the impact between a firm’s global and domestic employment. Our company-level panel data covers a period from 1997 to 2002. The statistical method employed in the study takes into account the possibility that receiving public support may be an endogenous factor. Our results suggest that public R&D financing increases both group-level and domestic R&D employment. We also analysed the impact of public R&D funding on employment other than in the R&D area, and found that it is not affected by public funding. It is possible, however, that such funding has an impact in the longer term.

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    Item Type: Working Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > rtd (RTD) policy/European Research Area
    EU policies and themes > Policies & related activities > employment/labour market > employment/unemployment
    EU policies and themes > Policies & related activities > economic and financial affairs > business/private economic activity
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > ENEPRI Working Papers
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 13 Oct 2009
    Page Range: p. 21
    Last Modified: 15 Feb 2011 18:15
    URI: http://aei.pitt.edu/id/eprint/11648

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