The relationship between labor market flexibility and national technological
innovation activities has started to be researched since the lines of national
innovation system (NIS) literature has emphasized the role of market institutions
such as labor and financial market in promoting industrial innovation activities.
While, generally, the national labor market flexibility are to stimulates high-tech
industries' growth, the researchers suggested that the differences in industrial
innovation characteristics among 1) low-tech restructuring industries, 2) high-tech
emerging industries, 3) medium-tech industries call for the different labor market
environment. Numerical labor flexibility stimulates the innovations and
competitiveness of 1) low-tech restructuring industries and 2) high-tech emerging
industries. Functional labor flexibility stimulates the innovations of 1)
medium-tech industries and 2) low-tech industries.
This report empirically investigates the relationship between labor market
flexibility and firms' innovation activities (proxied as R&D investment) using
Korean firm survey panel data (Manufacturing and Service industries 1,736 firms
× two years). The results show that, generally in Korea, functional labor market
flexibility promotes firms' technological innovation while numerical labor
flexibilities record mixed outcomes. The enforced regular-employment
restructuring cause a negative impact on firms' innovation activities while the use
of non-regular employment and the increase of labor turnover stimulate firms'
innovation activities. These results are generally in line with the empirical researches' outcomes on US, UK, Swiss' labor flexibility and innovations.
- 노동시장 구조가 산업혁신에 미치는 영향과 정책과제(The effects of labor market structure on industrial innovation and policy implications)
- Lee, Woosung이우성
노동시장 구조가 산업혁신에 미치는 영향과 정책과제(The effects of labor market structure on industrial innovation and policy implications)
노동시장의 유연성을 중심으로(Labor flexibility and firm's innovation)
|Series Title; No||정책연구 / 06-13|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Social Development < Employment|