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Skills, social insurance, and changes in innovation investment after the onset of the financial crisis in Europe

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Author Info

  • Andrea Filippetti

    () (Department of Geography, London School of Economics)

  • Frederick Guy

    () (Department of Management, Birkbeck College University of London)

Abstract

We find that firms in countries which have both high earnings replacement rates and high participation in vocational education and training were less likely to reduce investments in innovation following the onset of the financial crisis; countries with only one of these features were more likely to see reduced investment in innovation; job security appears to have no effect.

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File URL: http://www.bbk.ac.uk/innovation/publications/docs/Skill_Insurance_Innovation_Crisis1.pdf
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Bibliographic Info

Paper provided by Birkbeck Centre for Innovation Management Research in its series Working Papers with number 7.

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Length: 35 pages
Date of creation: Aug 2012
Date of revision: Aug 2012
Publication status: Published on Birkbeck Centre for Innovation Management Research web site, August 2012, pages 1-35
Handle: RePEc:img:wpaper:7

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Web page: http://www.bbk.ac.uk/innovation/
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