Differences in business R&D intensity across OECD countries: the role of size-dependent regulation

초록

We analyse the impact of size-dependent regulation in the labour market on business R&D intensity for 20 OECD countries spanning the periods 2002–2011. Using a difference-in-differences approach, we find that stricter size-dependent regulation leads firms with more than 50 employees to significantly reduce their R&D intensity. This finding implies that size-dependent regulation induces a distortion in the reallocation of R&D-related resources. © 2017 Informa UK Limited, trading as Taylor & Francis Group

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