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on Technology and Industrial Dynamics |
| By: | Marek Urbaniak (Poznan University of Economics); Ricardo Paes Mamede (ISCTE - Lisbon University Institute) |
| Abstract: | This article represents an attempt to empirically explore the effects of the current financial crisis on R&D and innovation across the European countries and aims to contribute to the knowledge on the impact of the financial crisis on the financing of R&D and innovation in Europe. Using macro data, we investigate the statistics on financing R&D and innovation by sectors of performance and sources of funds. A direct effect of the crisis on R&D and innovation expenditure during the crisis is compared with the pre-crisis period. We demonstrate that the EU member states have improved their innovative activities over the 2004–2012 period. This article makes an attempt at filling in the gaps in analyses of the influence that the financial crisis exerts on the financing of R&D and innovation. It is a contribution to the debate regarding the impact of the financial crisis in Europe on the volume and structure of innovation financing by sectors of the economy. |
| Keywords: | financing innovation activities, R&D and innovation expenditures |
| JEL: | G01 E23 O31 O43 O52 |
| Date: | 2015–01–01 |
| URL: | http://d.repec.org/n?u=RePEc:fes:wpaper:wpaper83&r=tid |
| By: | Marco Di Cintio (Department of Management, Economics, Mathematics and Statistics; University of Salento); Emanuele Grassi (Department of Management, Economics, Mathematics and Statistics; University of Salento) |
| Abstract: | This paper examines the effects of uncertainty and flexible labour contracts on the Research and Development (R&D) expenditure. Using a panel of Italian manufacturing firms, we find a hump-shaped relationship between workforce flexibility and R&D outlays. Moreover, as predicted by the real options theory, our results suggest that product market uncertainty reduces R&D efforts and that flexible labour contracts countervail the adverse effect of uncertainty on R&D. |
| Keywords: | real options theory, R&D, uncertainty, temporary workers |
| JEL: | D22 D81 J41 O31 |
| Date: | 2013–12 |
| URL: | http://d.repec.org/n?u=RePEc:lcc:wpaper:ec0003&r=tid |
| By: | Fernandez-Zubieta, Ana; Geuna, Aldo; Lawson, Cornelia (University of Turin) |
| Abstract: | In this chapter we review the literature on the analysis of researcher mobility and productivity highlighting recent changes in the research system - internationalization, inter-sector mobility and collaboration and career diversification which make researcher mobility more relevant for the dynamics of knowledge creation and dissemination. Our review reveals that to date we still know little about the consequences and motivations of increased mobility for individual researchers. We contribute by presenting a typology of researcher mobility, and considering the relevance of multiple mobility events throughout a researcher career. Finally, we review the modeling problems related to analyzing the effect of mobility on academic performance at the individual level, and suggest various solutions. |
| Date: | 2015–06 |
| URL: | http://d.repec.org/n?u=RePEc:uto:dipeco:201522&r=tid |
| By: | Riccardo Crescenzi; Carlo Pietrobelli; Roberta Rabellotti |
| Abstract: | This paper investigates the geography of multinational corporations’ investments in the EU regions. The ‘traditional’ sources of location advantages (i.e. agglomeration economies, market access and labour market conditions) are considered together with innovation and socio-institutional drivers of investments, captured by means of regional ‘social filter’ conditions. This makes it possible to empirically assess the different role played by such advantages in the location decision of investments at different stages of the value chain and disentangle the differential role of national vs. regional factors. The empirical analysis covers the EU-25 regions and suggests that regional socio-economic conditions are crucially important for the location decisions of investments in the most sophisticated knowledge-intensive stages of the value chain. |
| Keywords: | Innovation; multinationals; systems of innovation; value chains; regions; European Union |
| JEL: | F21 F23 O33 R12 R58 |
| Date: | 2014–08–12 |
| URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:51482&r=tid |