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.

More information

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)

Rotterdam School of Management, Erasmus University (RSM) is one of Europe’s top-ranked business schools. RSM provides ground-breaking research and education furthering excellence in all aspects of management and is based in the international port city of Rotterdam – a vital nexus of business, logistics and trade. RSM’s primary focus is on developing business leaders with international careers who can become a force for positive change by carrying their innovative mindset into a sustainable future. Our first-class range of bachelor, master, MBA, PhD and executive programmes encourage them to become critical, creative, caring and collaborative thinkers and doers. www.rsm.nl

For more information about RSM or this release, please contact Ramses Singeling, Media Officer for RSM, on +31 10 408 2028, or by email at singeling@rsm.nl.

Photo (CC AT SA): Franklin Heijnen