000			02000cam a2200229 4500500
005			20250413015544.0
041			_afre
042			_adc
100	1	0	_aRheault, Ludovic _eauthor
700	1	0	_a Rheault, Ludovic _eauthor
245	0	0	_aThe impact of labour resources on business R&D
260			_c2014.
500			_a90
520			_aThis paper empirically examines the impact of labor resource composition on private research and development (R&D). A model is considered in which a sector of the economy, intensive in skilled labor, endogenously produces technological change through intentional R&D activities. Provided factor complementarity, the model predicts that a relative increase in the supply of unskilled labor culminates in a contraction of the private research sector, while a relative increase in the supply of skilled labor has the opposite effect. Those expectations are tested using a panel data set of OECD countries (1971-2003). New estimators are developed to assess the elasticity of R&D outlays with respect to factor supplies, distinguishing between relative endowment effects and scaling effects. Overall, the results are shown to be consistent with theoretical expectations, and stylized policy implications are discussed. This study brings forth an important qualification to the conclusions of recent papers emphasizing a positive relationship between population and innovation. The findings suggest that business R&D can thrive with a slow growing population, notably when the intensity of unskilled labor declines, as was the case during the past decades in OECD countries.JEL codes: O30, J11, J21
690			_afactor enowment
690			_alabour supply
690			_apopulation
690			_aR&D
690			_atechnological change
786	0		_nJournal of Innovation Economics & Management | 13 | 1 | 2014-02-01 | p. 205-229
856	4	1	_uhttps://shs.cairn.info/revue-journal-of-innovation-economics-2014-1-page-205?lang=en&redirect-ssocas=7080
999			_c1112672 _d1112672