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 labor-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 supports the EU2020 strategy but—taking into account that most European economies are specialized in low-tech activities—is also worrying in terms of future perspectives of the European labor market.
Piva, M., Vivarelli, M., Is Innovation Destroying Jobs? Firm-Level Evidence from the EU, <<SUSTAINABILITY>>, 2018; (10(4), 1279): 1-16. [doi:10.3390/su10041279] [http://hdl.handle.net/10807/122471]
Is Innovation Destroying Jobs? Firm-Level Evidence from the EU
Piva, Mariacristina;Vivarelli, Marco
2018
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 labor-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 supports the EU2020 strategy but—taking into account that most European economies are specialized in low-tech activities—is also worrying in terms of future perspectives of the European labor market.
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