کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
987079 | 1481012 | 2015 | 14 صفحه PDF | دانلود رایگان |
• Governmental R&D Investment does not have impact on employment and economic growth.
• Governmental R&D Employment creates youth-employment but has a negative effect on GDP.
• University R&D Employment is an efficient way to promote employment/youth-employment.
• Technological Capacity is the most effective ‘solution’ for Youth-Unemployment.
• Technological Capacity is a policy with a robust impact regarding Gross Value Added.
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.
Journal: Socio-Economic Planning Sciences - Volume 50, June 2015, Pages 45–58