---
title: "Public R&D Subsidies and Employment Growth – Microeconomic Evidence from Finnish Firms"
authors:
  - name: "Koski, Heli"
    url: "https://www.etla.fi/henkilot/koski-heli/"
    sameAs:
      - "https://twitter.com/heli_koski"
date_published: "2008-08-20"
series: "Keskusteluaiheita nro"
series_number: "1143"
jel_codes:
  - "J23"
  - "L10"
  - "O33"
  - "O38"
language: "en"
publisher: "ETLA Economic Research"
pdf_url: "https://www.etla.fi/wp-content/uploads/2012/09/dp1143.pdf"
keywords:
  - "Public R&D subsidies"
  - "technology policy"
  - "employment growth"
identifier: "https://www.etla.fi/julkaisut/id/Keskusteluaiheita-nro-1143"
---

# Public R&D Subsidies and Employment Growth – Microeconomic Evidence from Finnish Firms

**Published:** 2008-08-20  
**Categories:** Julkaisut  
**Tags:** Keskusteluaiheita  
**URL:** https://www.etla.fi/julkaisut/dp1143-fi/

This study empirically explores whether the public financial support for entrepreneurial R&D affects employment growth at the firm level. The data from the Finnish companies suggests that the firms that have received public R&D funding have not generally witnessed any greater employment growth than other companies. However, we find that the public R&D support targeted to the certain types of R&D activities notably contribute to the creation of new jobs : employment in those firms that have received public funding for the R&D projects targeted to the new business areas has clearly grown relatively more than in other companies. The relationship between the firm’s total innovation and employment growth is not statistically significant.

---

## Additional Information

**Key Words:** Public R&D subsidies, technology policy, employment growth

**Kirjoittajat:** Koski, Heli

**Lataa Pdf:** https://www.etla.fi/wp-content/uploads/2012/09/dp1143.pdf

**Kansikuva:** https://www.etla.fi/wp-content/uploads/2012/09/dp_cover.jpg

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