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

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  • Di Cintio, Marco
  • Ghosh, Sucharita
  • Grassi, Emanuele

Abstract

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.

Suggested Citation

  • Di Cintio, Marco & Ghosh, Sucharita & Grassi, Emanuele, 2017. "Firm growth, R&D expenditures and exports: An empirical analysis of italian SMEs," Research Policy, Elsevier, vol. 46(4), pages 836-852.
    • Handle: RePEc:eee:respol:v:46:y:2017:i:4:p:836-852
    DOI: 10.1016/j.respol.2017.02.006
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    More about this item

    Keywords

    Exports; R&D; Firm growth; Worker flows;
    All these keywords.

    JEL classification:

    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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