Fourth industrial revolution will result in job losses in financial services and logistics
The 2016 edition of the Erasmus Competition and Innovation Monitor was presented on Thursday 24 November at the Getting Smart event in Rotterdam. The Erasmus Competition and Innovation Monitor is published annually by the INSCOPE research institute of Rotterdam School of Management, Erasmus University (RSM). The study was led by RSM’s Professor Henk Volberda. The results of the study show which sectors and regions in the Netherlands are seeing the greatest level of innovation and also how this is affecting the employment rate.
The main findings presented in the 2016 Erasmus Competition and Innovation Monitor are:
- Dutch companies have achieved a record level of radical innovations.
- The fourth industrial revolution will result in a loss of jobs in financial services and logistics.
- Life-sciences and health-care companies and high-tech companies excel at both technological and social innovation; logistics companies are increasingly focusing on innovation.
- High-tech companies create more jobs.
- New companies have more satisfied, enthusiastic and happy employees than older companies.
- Servant leadership does not exist in larger organisations.
- Permanent staff members show a high level of flexible employability in the high-tech sector and a relatively low level in financial services and in the energy sector.
- A customer-oriented attitude hardly contributes to a company’s level of radical innovation, but employee orientation does.
- The Eindhoven region excels at disruptive innovation, whereas employees in the Twente region are the most likely to enjoy their jobs and be highly engaged in their work.
About the Erasmus Competition and Innovation Monitor 2016
The survey distributed as part of this study was designed using existing rating scales described in academic literature. Senior managers of some 10,000 organisations in the Netherlands were sent a hard-copy invitation to take part in the survey. The survey was completed by 614 respondents, who represented a wide range of sectors, including wholesale and retail and the food and accommodation service industry (15%), agriculture, food production and horticulture (12%), and construction and real estate (10%).
The 2016 Erasmus Competition and Innovation Monitor was partially funded by the Goldschmeding Foundation.
Download the 2016 Erasmus Competition and Innovation Monitor here (in Dutch)
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