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Title The Evolution of Innovative Entrepreneurship Indicators in Europe. Implications for the Labour Market
ID_Doc 73921
Authors Lucaci, A
Title The Evolution of Innovative Entrepreneurship Indicators in Europe. Implications for the Labour Market
Year 2021
Published
Abstract Innovation and Entrepreneurship go hand in hand and generate economic growth, raise the standard of living, and contribute to sustainable development. Innovative entrepreneurship implies both the exploitation of new business ideas and models and the continuous strengthening of R&D activities. At present, the majority of policymakers from European countries are concerned to strengthen the business environment by supporting R&D activities and business innovation. The purpose of this article is to do a comparative analysis of innovative entrepreneurship in European countries and to determine the implications of innovative entrepreneurship for the labour market. The research methodology includes a comparative analysis of innovative entrepreneurship in Europe. To visualize the status of innovative entrepreneurship in European countries a database with statistical indicators referring to business innovation in Europe was used. The database was provided by the Organization for Economic Cooperation and Development (OECD) for the period 2013-2019. The indicators referring to business innovation are classified according to the type of innovation, public financial support for innovation activities, cooperation partners in innovation activities, protection of intellectual property rights, innovation and participation in international markets, expenditure on innovation activity, turnover in innovation, and employment in the innovation sector. The comparative analysis is followed by an examination of the implications of innovative entrepreneurship on the labour market. The results of the comparative analysis highlight various gaps among the European countries in terms of business innovation. Furthermore, the listing of implications of innovative entrepreneurship on the labour market highlighted that innovation can have both positive and negative impacts on employment.
PDF https://doi.org/10.2478/9788366675704-026

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