Title |
Beyond the "Innovation's Black-Box": Translating R&D outlays into employment and economic growth |
ID_Doc |
76884 |
Authors |
Moutinho, R; Au-Yong-Oliveira, M; Coelho, A; Manso, JP |
Title |
Beyond the "Innovation's Black-Box": Translating R&D outlays into employment and economic growth |
Year |
2015 |
Published |
|
DOI |
10.1016/j.seps.2015.04.001 |
Abstract |
The emergence of the so-called "European Paradox" shows that increasing Governmental R&D Investment is far from being a 'panacea' for stagnant growth. Surprisingly, Governmental R&D Employment does not contribute to 'mass-market' employment, despite its important role in reducing Youth-Unemployment. Despite the negative side-effect of Governmental R&D Employment on economic growth, University R&D Employment appears to have a quite important role in reducing Unemployment, especially Youth-Unemployment, while it also does not have a downside in terms of economic growth. Technological Capacity enhancement is the most effective instrument for reducing Youth-Unemployment and is a policy with a quite robust effect regarding sustainable economic development. (C) 2015 Elsevier Ltd. All rights reserved. |
Author Keywords |
Innovation management; Regional innovation systems; Economic policy; R&D policy; University |
Index Keywords |
Index Keywords |
Document Type |
Other |
Open Access |
Open Access |
Source |
Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI) |
EID |
WOS:000365648200004 |
WoS Category |
Economics; Management; Operations Research & Management Science |
Research Area |
Business & Economics; Operations Research & Management Science |
PDF |
|