Does R&D investment drive employment growth? Empirical evidence at industry level from Japan

被引：4

作者：

Shah, Imran Hussain ^{[1
]}

Kollydas, Konstantinos ^{[2
]}

Lee, Pak Yee ^{[3
]}

Malki, Issam ^{[4
]}

Chu, Crystal ^{[1
]}

机构：

[1] Univ Bath, Dept Econ, Bath, Avon, England

[2] Univ Birmingham, Birmingham Business Sch, City REDI, Birmingham, W Midlands, England

[3] Univ Coventry, Sch Econ Finance & Accounting, Coventry, W Midlands, England

[4] Univ Westminster, Dept Finance & Accounting, London, England

来源：

INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS | 2024年 / 29卷 / 01期

关键词：

employment; industry-level analysis; innovation; manufacturing; R&D expenditure; routine intensity; GENDER DIVERSITY; OKUNS LAW; INNOVATION; TECHNOLOGY; POLARIZATION; COUNTRIES; SKILLS; AGE; MICRODATA; JOBS;

D O I：

10.1002/ijfe.2677

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Strong demographic headwinds have motivated Japan to strengthen its economy by fostering innovation. This paper draws on a panel of business enterprises operating in 33 industries in Japan to examine how research and development (R&D) activities affect employment. Our findings suggest that employment gains are associated with innovation, both at the aggregate level and within groups of major industries. The positive impact of technological advancement is more pronounced in the manufacturing sector. The results reveal heterogeneous patterns of the key determinants of employment growth based on the level of industries' routine intensity, but they accord well with the compensation theory concerning the connection between innovation and job creation. These results will be of interest for policymakers to design targeted economic strategies by supporting technological development in Japan and could also serve as a compass for other countries with similar workforce structures and macroeconomic characteristics.

引用

页码：102 / 118

页数：17

共 60 条

[41] Productivity, innovation and R&D: Micro evidence for Italy [J].