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Firm growth, R&D expenditures and exports: An empirical analysis of italian SMEs

Listed author(s):
  • Di Cintio, Marco
  • Ghosh, Sucharita
  • Grassi, Emanuele

We study firms’ export and R&D activities and their effects on employment growth and worker flows for a sample of Italian SMEs operating in the manufacturing industry. After accounting for the under-reporting of R&D in SMEs, our quantile regressions reveal that: (i) R&D is associated with higher employment growth rates, higher hiring rates and lower separation rates; (ii) R&D-induced exports are negatively related to firm employment growth and hirings and positively related to separations; and (iii) pure exports are not a driver of employment growth and worker flows.

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Article provided by Elsevier in its journal Research Policy.

Volume (Year): 46 (2017)
Issue (Month): 4 ()
Pages: 836-852

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Handle: RePEc:eee:respol:v:46:y:2017:i:4:p:836-852
DOI: 10.1016/j.respol.2017.02.006
Contact details of provider: Web page: http://www.elsevier.com/locate/respol

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