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R&D spillovers and employment: evidence from European patent data

Author

Listed:
  • Massimiliano Agovino

    (University of Naples “Parthenope”)

  • Luigi Aldieri

    (University of Naples “Parthenope”)

  • Antonio Garofalo

    (University of Naples “Parthenope”)

  • Concetto Paolo Vinci

    (University of Salerno)

Abstract

In this paper we investigate the role of patents in the relationship between R&D activity, spillovers and employment at the firm level. A reduced-form labour demand equation is estimated. Our analysis is based upon a dataset consisting of 879 R&D-intensive manufacturing firms worldwide for which information was collected for the period 2002–2010. We use data from all EU R&D investment scoreboard editions issued every year until 2011 by the JRC-IPTS (scoreboards). Since the innovation output of the industrial strategy of every firm is the number of patents, the main contribution to the existing literature is to investigate also the impact of patents/R&D ratio and patents/spillovers ratio on employment level. The empirical results suggest a significant impact of R&D spillover effects on company employment although the results differ substantially according to the spillover stock, which may considerably affect policy implications.

Suggested Citation

  • Massimiliano Agovino & Luigi Aldieri & Antonio Garofalo & Concetto Paolo Vinci, 2018. "R&D spillovers and employment: evidence from European patent data," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 45(2), pages 247-260, May.
    • Handle: RePEc:kap:empiri:v:45:y:2018:i:2:d:10.1007_s10663-016-9359-x
    DOI: 10.1007/s10663-016-9359-x
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    References listed on IDEAS

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    Cited by:

    1. L. Aldieri & C. P. Vinci, 2018. "Innovation effects on employment in high-tech and low-tech industries: evidence from large international firms within the triad," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 8(2), pages 229-243, June.

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    More about this item

    Keywords

    Regional economics; Panel data models; R&D spillovers; Employment; Innovation;
    All these keywords.

    JEL classification:

    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General

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