Innovative Changes in European Companies (3rd European Company Survey)

Abstract

[Excerpt] Innovation in its various forms is considered an important driver of improved competitiveness, productivity and the growth potential of companies. By innovating both in their products and in workplace practices and processes, European workplaces may have a better chance to compete internationally. This report critically reflects on common concepts of innovation and explores the links between innovation, practices, performance and workplace well-being across the EU28. In particular, it examines associations between innovative company behaviour and the implementation of bundles of workplace practices. The report also studies the role of social dialogue in translating innovative workplace practices into higher levels of performance and well-being. The report contributes to research and policy debates by examining innovation from a different perspective. It acknowledges that companies need to invest in research and development (R&D), increase the number of patents granted and improve technology. However, it highlights other important factors that contribute to innovation such as the organisation of work, human resource practices and employee participation.