Resilient Regional Labour Markets as Triggers of Innovation Success during Crises: Perspective of EU Innovation Leaders

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F24%3A39921888" target="_blank" >RIV/00216275:25410/24:39921888 - isvavai.cz</a>

Výsledek na webu

<a href="https://intapi.sciendo.com/pdf/10.2478/bjes-2024-0015" target="_blank" >https://intapi.sciendo.com/pdf/10.2478/bjes-2024-0015</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.2478/bjes-2024-0015" target="_blank" >10.2478/bjes-2024-0015</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Resilient Regional Labour Markets as Triggers of Innovation Success during Crises: Perspective of EU Innovation Leaders

Popis výsledku v původním jazyce

Despite the growing interest in the impact of economic crises on regional labour markets, innovation, and regional resilience, the relationship between these economic aspects remains under-researched in the context of these crises. This research aims to fill this gap by investigating how regional labour markets affect the innovation success of European Union countries. We focus on analysing the impact of female and youth unemployment, labour costs, and hours worked on the innovation success of 22 European Union countries over the period 2013–2021, with a special focus on countries identified as innovation leaders in the European Union. Using regression analysis, we find that higher female unemployment and lower hours worked have a positive effect on innovation success. Higher labour costs then have a negative impact on innovation success in the European Union but are not significant for the innovation leaders’ success, providing new insights into the complex relationship between the labour market and innovation success. Through a Difference-in-Differences analysis, we additionally demonstrate that there is a causal effect, revealing a greater decline in innovation success among innovation leaders with the advent of the COVID-19 pandemic compared to the remaining (control) 18 European states. The study further highlights the critical role of targeted social and employment policies in enhancing innovation performance, emphasising the need for tailored strategies to support vulnerable labour market groups, and provides directions for future research to explore these dynamics in greater depth.

Název v anglickém jazyce

Resilient Regional Labour Markets as Triggers of Innovation Success during Crises: Perspective of EU Innovation Leaders

Popis výsledku anglicky

Despite the growing interest in the impact of economic crises on regional labour markets, innovation, and regional resilience, the relationship between these economic aspects remains under-researched in the context of these crises. This research aims to fill this gap by investigating how regional labour markets affect the innovation success of European Union countries. We focus on analysing the impact of female and youth unemployment, labour costs, and hours worked on the innovation success of 22 European Union countries over the period 2013–2021, with a special focus on countries identified as innovation leaders in the European Union. Using regression analysis, we find that higher female unemployment and lower hours worked have a positive effect on innovation success. Higher labour costs then have a negative impact on innovation success in the European Union but are not significant for the innovation leaders’ success, providing new insights into the complex relationship between the labour market and innovation success. Through a Difference-in-Differences analysis, we additionally demonstrate that there is a causal effect, revealing a greater decline in innovation success among innovation leaders with the advent of the COVID-19 pandemic compared to the remaining (control) 18 European states. The study further highlights the critical role of targeted social and employment policies in enhancing innovation performance, emphasising the need for tailored strategies to support vulnerable labour market groups, and provides directions for future research to explore these dynamics in greater depth.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50600 - Political science

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

TalTech Journal of European Studies

ISSN

2674-4600

e-ISSN

2674-4619

Svazek periodika

14

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

PL - Polská republika

Počet stran výsledku

23

Strana od-do

26-48

Kód UT WoS článku

001365757500013

EID výsledku v databázi Scopus

2-s2.0-85213484546