Is innovation destroying jobs? Firm-level evidence from the EU

Mariacristina Piva and Marco Vivarelli ()

No 2017-013, MERIT Working Papers from United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT)

Abstract: Using a unique firm-level database comprising the top European R&D investors over the period 2002-2013 and running LSDVC estimates, this study finds a significant labour-friendly impact of R&D expenditures. However, this positive employment effect appears limited in magnitude and entirely due to the medium-and high-tech sectors, while no effect can be detected in the low-tech industries. From a policy point of view, this outcome is supporting the EU2020 strategy, but - taking into account that most European economies are specialised in low-tech activities - is also worrying in terms of future perspectives of the European labour market.

Keywords: Innovation; R&D; innovation; employment; firm-level analysis; EU (search for similar items in EconPapers)
JEL-codes: E24 O14 O15 O33 O52 (search for similar items in EconPapers)
Date: 2017-03-10
New Economics Papers: this item is included in nep-eur, nep-hme, nep-ino, nep-mac, nep-sbm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Journal Article: Is Innovation Destroying Jobs? Firm-Level Evidence from the EU (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:unm:unumer:2017013

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