The Future of Work Innovation and Employment Preeya Mohan and Eric - - PowerPoint PPT Presentation

The Future of Work Innovation and Employment

Preeya Mohan and Eric Strobl

Sir Arthur Lewis Institute of Social and Economic Studies, UWI, St. Augustine Research consultation: The future of work in the Caribbean What do we need to know? What do we know? UWI, St Augustine Monday 4th December 2017

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Motivation

• Why is innovation important for the future of work?

– Employment reduction effect of technological change versus employment expansion effect of market compensation. – Qualitative effect

• f

increasing workers skills versus quantitative effect of worker lay-offs. – Different types of innovation can have different employment impacts.

• The path to job creation in the Caribbean is

innovation (Ruprah 2016).

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Data

• Paucity of empirical evidence on how employment

(quantity and quality) and innovation interact- even more acute for the Caribbean.

• Lack of employment data in the Caribbean, in particular

micro level data.

• Caribbean firm level data:

– World Bank Enterprise Survey- WBES (2010) – Productivity Technology Innovation Survey-PROTEqIN (2014)

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Innovation

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21% 13% 9% 14% 16% 11% Product Process Organizational Marketing Energy Environmental

Caribbean

% of Total Firms

Innovation

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% of Total Firms

17 22 22 7 14 17 40 12 19 18 26 46 24 7 13 15 2 10 10 23 8 13 7 16 33 13 5 9 11 4 6 9 17 4 8 5 12 24 11 4 13 13 11 4 9 43 12 6 7 9 48 11 18 13 10 7 13 18 43 14 11 13 16 21 14 11 12 13 16 44 13 14 11 26 8

ATG BHS BRB BLZ DMA GRD GUY JAM LCA KNA VCT SUR TTO Product Process Organizational Marketing Energy Environmental

Workforce Composition

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20% 29% 20% 31% Management Skilled Production Unskilled Production Non production

Caribbean

% of Total Workforce

Workforce Composition

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30 27 8 10 30 29 8 8 28 28 29 9 31 33 34 12 22 33 34 24 19 34 34 34 38 34 24 25 5 8 24 24 37 10 24 24 24 13 26 13 14 75 60 13 13 31 63 14 14 13 40 9

ATG BHS BRB BLZ DMA GRD GUY JAM LCA KNA VCT SUR TTO Management Skilled Production Unskilled Production Non production

Innovation & Workforce Development

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6% 6% 4% 3% Modifications New Skills Train Recruit

Caribbean

% of Total Firms

Innovation & Workforce Development

9 3 5 2 5 5 13 2 5 4 8 22 6

3 4 7 2 4 5 15 3 2 3 6 23 4 1 2 7 2 2 2 14 3 2 2 4 18 2 2 2 3 2 2 3 12 2 1 3 11 2

ATG BHS BRB BLZ DMA GRD GUY JAM LCA KNA VCT SUR TTO Modifications New Skills Train Recruit

% of Total Firms

Innovation & Employment

• Firm performance measured by technical

efficiency using stochastic frontier analysis:

– Cobb-Douglas production function. – Hypothesised explanatory variables.

• Skilled workers
• Training
• R&D

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Thank you

Preeya.Mohan@sta.uwi.edu

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