Innovation, creative destruction and structural change: Firm-level evidence from European countries

Bernhard Dachs, Martin Hud, Christian Koehler, Bettina Peters

Publikation: Beitrag in FachzeitschriftArtikelBegutachtung

Abstract

The shift of employment from lower to higher productive firms is an important driver for structural change and industry dynamics. We investigate this reallocation in terms of employment gains and losses from innovation. New employment created by product Innovation may be offset by employment losses in related products, known as `cannibalisation´ or `business stealing´ effects in the literature, by employment losses from process and organisational innovation and by general productivity increases. The paper investigates this effect empirically with a large data set from the European Community Innovation Survey. We find that employment gains and losses increase with technology intensity of the sector. High-Technology manufacturing shows the strongest employment gains and losses from innovation, followed by knowledge-intensive services, lowtechnology manufacturing and less knowledge-intensive services. The net contribution of innovation to employment growth is mostly positive, an exception being manufacturing industries in recession periods.
OriginalspracheEnglisch
Seiten (von - bis)346-381
Seitenumfang36
FachzeitschriftIndustry and Innovation
Volume24
Issue4
DOIs
PublikationsstatusVeröffentlicht - 2017

Research Field

  • Nicht definiert

Schlagwörter

  • Innovation; employment; reallocation; technology intensity; compensation effect; displacement effect; cannibalisation effect

Fingerprint

Untersuchen Sie die Forschungsthemen von „Innovation, creative destruction and structural change: Firm-level evidence from European countries“. Zusammen bilden sie einen einzigartigen Fingerprint.

Diese Publikation zitieren