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Public support for R&D and the educational mix of R&D employees

(2016) CESIFO ECONOMIC STUDIES. 62(3). p.426-452
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Abstract
In this article we assess the impact of public support for R&D activities on the educational mix of R&D employees in private companies. Data on tax incentives in support of R&D activities of companies in Belgium are matched with R&D survey data to investigate changes in the share of R&D employees with a specific degree: PhD, higher education (second stage and first stage, respectively), and other qualifications. Estimations show that public support significantly raises the share of researchers holding a PhD. There are indications that researchers with a PhD substitute for R&D employees with lower degrees. We also show that controlling for the changes in the educational mix of R&D personnel lowers the estimates of the impact of public support on the wages of researchers.
Keywords
tax incentives, O38, wages researchers, R&D, O32, H32, BIAS, LEVEL, WORKERS, DIVERSITY, INCENTIVES, PERFORMANCE, ORGANIZATIONS, MODELS, SUBSIDIES, educational mix, INNOVATION

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Chicago
Dumont, Michel, André Spithoven, and Peter Teirlinck. 2016. “Public Support for R&D and the Educational Mix of R&D Employees.” Ed. Panu Poutvaara. Cesifo Economic Studies 62 (3): 426–452.
APA
Dumont, M., Spithoven, A., & Teirlinck, P. (2016). Public support for R&D and the educational mix of R&D employees. (P. Poutvaara, Ed.)CESIFO ECONOMIC STUDIES, 62(3), 426–452.
Vancouver
1.
Dumont M, Spithoven A, Teirlinck P. Public support for R&D and the educational mix of R&D employees. Poutvaara P, editor. CESIFO ECONOMIC STUDIES. 2016;62(3):426–52.
MLA
Dumont, Michel, André Spithoven, and Peter Teirlinck. “Public Support for R&D and the Educational Mix of R&D Employees.” Ed. Panu Poutvaara. CESIFO ECONOMIC STUDIES 62.3 (2016): 426–452. Print.
@article{7284417,
  abstract     = {In this article we assess the impact of public support for R\&D activities on the educational mix of R\&D employees in private companies. Data on tax incentives in support of R\&D activities of companies in Belgium are matched with R\&D survey data to investigate changes in the share of R\&D employees with a specific degree: PhD, higher education (second stage and first stage, respectively), and other qualifications. Estimations show that public support significantly raises the share of researchers holding a PhD. There are indications that researchers with a PhD substitute for R\&D employees with lower degrees. We also show that controlling for the changes in the educational mix of R\&D personnel lowers the estimates of the impact of public support on the wages of researchers.},
  author       = {Dumont, Michel and Spithoven, Andr{\'e} and Teirlinck, Peter},
  editor       = {Poutvaara, Panu},
  issn         = {1610-241X},
  journal      = {CESIFO ECONOMIC STUDIES},
  keyword      = {tax incentives,O38,wages researchers,R\&D,O32,H32,BIAS,LEVEL,WORKERS,DIVERSITY,INCENTIVES,PERFORMANCE,ORGANIZATIONS,MODELS,SUBSIDIES,educational mix,INNOVATION},
  language     = {eng},
  number       = {3},
  pages        = {426--452},
  title        = {Public support for R\&D and the educational mix of R\&D employees},
  url          = {http://dx.doi.org/10.1093/cesifo/ifv017},
  volume       = {62},
  year         = {2016},
}

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