Dismissal costs and innovation

被引:46
作者
Koeniger, W [1 ]
机构
[1] IZA, D-53072 Bonn, Germany
关键词
exit costs; innovation; employment protection;
D O I
10.1016/j.econlet.2004.12.019
中图分类号
F [经济];
学科分类号
02 ;
摘要
Empirical evidence suggests that dismissal costs are negatively associated with R&D intensity across countries but positively within countries over time. This evidence can be rationalized theoretically with a negative entry effect and a positive innovation effect for incumbent firms. (c) 2005 Elsevier B.V. All rights reserved.
引用
收藏
页码:79 / 84
页数:6
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