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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
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