Firms' human capital, R&D and performance: a study on French and Swedish firms
LABOUR ECONOMICS, cilt.8, sa.4, ss.443-462, 2001 (SSCI, Scopus)
- Yayın Türü: Makale / Tam Makale
- Cilt numarası: 8 Sayı: 4
- Basım Tarihi: 2001
- Doi Numarası: 10.1016/s0927-5371(01)00038-0
- Dergi Adı: LABOUR ECONOMICS
- Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
- Sayfa Sayıları: ss.443-462
- Anahtar Kelimeler: training, human capital, R&D, performance, GMM, PRODUCTIVITY
- Orta Doğu Teknik Üniversitesi Adresli: Evet
Özet
This paper studies the effects of human and technological capital on productivity in a sample of large French and Swedish firms. While the role of technological capital as measured by R&D has been intensively investigated, almost no work has been done on the role of human capital as measured by firm-sponsored training and even less its interaction with technological capital. The level of intangible capital may also have a lasting effect on productivity growth, as emphasised by some endogenous growth models in a macroeconomic setting.