Working Paper #2017-013
Is innovation destroying jobs? Firm-level evidence from the EU
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
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- R&D
- innovation
- employment
- firm-level analysis
- EU
- JEL codes
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- O33
Cite this as
APA 7th ed.Piva, M., & Vivarelli, M. (2017). Is innovation destroying jobs? Firm-level evidence from the EU (UNU-MERIT Working Paper No. 2017-013). UNU-MERIT. https://unu-merit.nl/publications/working-papers/abstract/?id=6378