IDEAS home Printed from https://ideas.repec.org/a/taf/ecinnt/v30y2021i4p356-370.html
   My bibliography  Save this article

Spoils of innovation? Employment effects of R&D and knowledge spillovers in Finland

Author

Listed:
  • Luigi Aldieri
  • Teemu Makkonen
  • Concetto Paolo Vinci

Abstract

This paper investigates the relationship between innovation and employment by analyzing the factors that drive job creation processes and particularly by scrutinizing the role of innovation on the skill structure of regional labor demand. The study utilizes Finnish regional innovation (proxied with R&D expenditures) and employment data for 2000–2013. The results show statistically significant positive employment effects from local innovation activities and knowledge spillovers from other regions only on the demand for high-skilled employees. For low-skilled employees, the employment effects of local innovation activities are significantly negative, while there is no impact from knowledge spillovers from other regions. These effects are robust also for different lag structures. The findings are significant in terms of their policy implications for supporting employment; Finnish innovation policy should consider the negative impacts of innovation on low-skilled employees more explicitly.

Suggested Citation

  • Luigi Aldieri & Teemu Makkonen & Concetto Paolo Vinci, 2021. "Spoils of innovation? Employment effects of R&D and knowledge spillovers in Finland," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 30(4), pages 356-370, May.
    • Handle: RePEc:taf:ecinnt:v:30:y:2021:i:4:p:356-370
    DOI: 10.1080/10438599.2019.1703754
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10438599.2019.1703754
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10438599.2019.1703754?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Helena Lenihan & Kevin Mulligan & Justin Doran & Christian Rammer & Olubunmi Ipinnaiye, 2024. "R&D grants and R&D tax credits to foreign-owned subsidiaries: Does supporting multinational enterprises’ R&D pay off in terms of firm performance improvements for the host economy?," The Journal of Technology Transfer, Springer, vol. 49(2), pages 740-781, April.
    2. Shikuan Zhao & Wen Tian & Abd Alwahed Dagestani, 2022. "How do R&D factors affect total factor productivity: based on stochastic frontier analysis method," Economic Analysis Letters, Anser Press, vol. 1(2), pages 28-34, December.
    3. Chandan Sharma & Ritesh Kumar Mishra, 2023. "Imports, technology, and employment: Job creation or creative destruction," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(1), pages 152-170, January.
    4. Yaling Deng & Daming You & Yang Zhang, 2021. "Can the Behavioural Spillover Effect Affect the Environmental Regulations Strategy Choice of Local Governments?," IJERPH, MDPI, vol. 18(9), pages 1-24, May.
    5. Su, Chi-Wei & Yuan, Xi & Umar, Muhammad & Lobonţ, Oana-Ramona, 2022. "Does technological innovation bring destruction or creation to the labor market?," Technology in Society, Elsevier, vol. 68(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:ecinnt:v:30:y:2021:i:4:p:356-370. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/GEIN20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.